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5 TB MC Qu. 16-85 (Algo) Rawe Corporation's accounts receivable at the end... Mc Graw Hill Rawe Corporation's accounts receivable at the end of

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5 TB MC Qu. 16-85 (Algo) Rawe Corporation's accounts receivable at the end... Mc Graw Hill Rawe Corporation's accounts receivable at the end of Year 2 was $343,000 and its accounts receivable at the end of Year 1 was $297,000. Sales, all on account, amounted to $1,401,000 in Year 2. The company's average collection period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice 774 days 89.4 days 83.3 days < Prev 5 of 18 Next >

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