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rceivable

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There are 9 letters in RCEIVABLE ( A1B3C3E1I1L1R1V4 )

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Rceivable might refer to
Receivable Turnover Ratio or Debtor's Turnover Ratio is an accounting measure used to measure how effective a company is in extending credit as well as collecting debts. The receivables turnover ratio is an activity ratio, measuring how efficiently a firm uses its assets.Formula:*
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* {\displaystyle \mathrm {Receivable\ Turnover\ Ratio} ={\mathrm {Net\ receivable\ sales} \over \mathrm {Average\ net\ receivables} }}
* A high ratio implies either that a company operates on a cash basis or that its extension of credit and collection of accounts receivable is efficient. While a low ratio implies the company is not making the timely collection of credit.
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