Assignment: WHY IS IT IMPORTANT TO COLLECT ACCOUNTS RECEIVABLE AS SOON AS POSSIBLE?7-29. Millbridge Hospital buys its supplies in bulk and has recently switched vendors. The first purchase Millbridge made was for 500 boxes of gauze at $3.46 a box.

WHY IS IT IMPORTANT TO COLLECT ACCOUNTS RECEIVABLE AS SOON AS POSSIBLE?7-29. Millbridge Hospital buys its supplies in bulk and has recently switched vendors. The…