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B&B Docs had the following: April May June Net Accounts Receivable $5,000 $3,000 $2,000 Net Patient Revenue $40,000 $30,000 $30,000 Net Accounts Payable $4,000 $3,000
B&B Docs had the following:
April May June
Net Accounts Receivable $5,000 $3,000 $2,000
Net Patient Revenue $40,000 $30,000 $30,000
Net Accounts Payable $4,000 $3,000 $2,500
For the month of June only, what is the Receivables as a % of revenue?
10.0% | ||
12.5% | ||
8.0% | ||
6.7% |
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