johnnyw9410 johnnyw9410

03-07-2021
Business

contestada

True or false: Merchandise inventory is generally converted to cash more quickly than accounts receivable.

Respuesta :

andromache andromache

06-07-2021

Answer:

False

Explanation:

Merchandise inventory is the stock that company have to kept in its godown while the account receivable is that when company sold the goods on credit basis to the customer

So here the company could received the payment within 12 months it can be in within month also

So the given statement is false

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