Question
3. The Home Supply Co. has a current accounts receivable balance of $100,000. Credit sales for the year just ended were $850,000. How many days
3. The Home Supply Co. has a current accounts receivable balance of $100,000. Credit sales for the year just ended were $850,000. How many days on average did it take for credit customers to pay off their accounts during this past year?
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The Handbook Of Mortgage Backed Securities
Authors: Frank Fabozzi
6th Edition
0071460748, 978-0071460743
