A retailer typically has half of its sales on credit;the balance of sales are by cash,check,or debit card.Credit sales are payable in full in 30 days.The retailer's collection period is 25 days.The retailer has _____.
A)slow-turning accounts receivable
B)fast-turning accounts receivable
C)average-turning accounts receivable
D)high financial leverage

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The Answer of A retailer typically has half of its sales on credit;the balance of sales are by cash,check,or debit card.Credit sales are payable in full in 30 days.The retailer's collection period is 25 days.The retailer has _____.
A)slow-turning accounts receivable
B)fast-turning accounts receivable
C)average-turning accounts receivable
D)high financial leverage

A Retailer Typically Has Half of Its Sales on Credit;the