The financial statements of the Cullumber Manufacturing Supply Company report net credit sales of $ 3 7
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Question:
The financial statements of the Cullumber Manufacturing Supply Company report net credit sales of $ and net accounts receivable of $ and $ at the beginning of the year and the end of the year, respectively. What is the average collection period for accounts receivable in days? Use days for calculation.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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