Question
An analyst has obtained the following information about ABC, Inc. Sales: $63,185 COGS = $19,423 Accounts Receivables = $44,778 Accounts Payable = $17,162 Inventory =
An analyst has obtained the following information about ABC, Inc. Sales: $63,185 COGS = $19,423 Accounts Receivables = $44,778 Accounts Payable = $17,162 Inventory = $45,705 Assume 365 days. What is the Accounts Receivable Period (AR Period)? That is, what is the Average Collection Period (ACP)? Enter your answer rounded off to two decimal points.
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Beer Business Finance
Authors: Kary R Shumway
1st Edition
1090833741, 978-1090833747
