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The accounts receivable turnover rate for Jordan's School Supplies has gone from an average of...

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Finance

The accounts receivable turnover rate for Jordan's School Supplies has gone from an average of 13.75 times to 11.03 times per year. How has this change affected the firm's accounts receivable period?
A. Increase of 2.72 days
B. decrease of 6.55 days
C. Decrease of 5.98 days
D. Increase of 6.55 days
E. Decrease of 2.72 days

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