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solina solina
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7 years ago
Given an accounts receivable turnover of 8 and annual credit sales of $362,000, the average collection period (360-day year) is
A) 90 days.
B) 45 days.
C) 75 days.
D) 60 days.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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David_hessDavid_hess
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7 years ago
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solina Author
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#2
7 years ago
Simple and easy, thank u
Heavy Heart Thank you bio-forums! Heavy Heart
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