Big Valley is collecting their receivables about __________________ than the typical firm.
A) 22% more quickly
B) 12% more quickly
C) 17% more slowly
D) 12% more slowly BV's Days sales in receivables = (80 * 365) /500 = 58.4 days; 58.4/50 - 1 = 16.8%
Correct Answer:
Verified
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