ABC corp has an Accounts Receivable balance of $375,000 on April 30. ABC's credit terms are 2/10 net 30. The AR breakdown is as follows:
ABC corp has an Accounts Receivable balance of $375,000 on April 30. ABC's credit terms are 2/10 net 30. The AR breakdown is as follows: April $131,000 March $ 94,000 Feb $112,500 Jan $ 37,500 What percent of their Account Receivable Balance is current?
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Authors: Louis C. Gapenski
2nd Edition
1567931650, 978-1567931655
