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6. During the current accounting period, revenue f rom credit sales is $701000. The accounts receivabie balence is $51780 et the beginning of the period

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6. During the current accounting period, revenue f rom credit sales is $701000. The accounts receivabie balence is $51780 et the beginning of the period end $55.200 at the end of the period. Which of the following stotements is correct? O On average. ittakies 131 days to collect payment from credt customers O The recevables turnover rato is 131 O The recervables turnover rato is 280 O On everage, the company seils its inventory every 2795 deys Type here to search

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