Prall Corporation sells its goods on terms of 2/10, n/30. It has an accounts receivable turnover of

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Prall Corporation sells its goods on terms of 2/10, n/30. It has an accounts receivable turnover of 7.

What is its average college period (days)?

(a) 2,555.

(b) 30.

(c) 52.

(d) 210.

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Financial Accounting Reporting, Analysis And Decision Making

ISBN: 9780730363279

6th Edition

Authors: Shirley Carlon

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Question Posted: Feb 11, 2024 05:04 AM

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Prall Corporation sells its goods on terms of 2/10, n/30. It has an accounts receivable turnover of

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c Average collection peri...View the full answer

Financial Accounting Reporting, Analysis And Decision Making

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