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3M Co. has the revenues of $34,229 million, costs of $19,232 million, inventory of $5,372 million, receivables of $4,635 million, payables of $5,109 million, and
3M Co. has the revenues of $34,229 million, costs of $19,232 million, inventory of $5,372 million, receivables of $4,635 million, payables of $5,109 million, and total assets of $46,455 million on its latest financial statements. What is its average collect period?
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Heres how to calculate the average collection period for 3M Co 1 Calculate the annual credit sales U...
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