Question
Chik's Chicken has accounts receivable of $7,183. Sales for the year were $10,700. what is its average collection period? (Use 365 days in a year.
Chik's Chicken has accounts receivable of $7,183. Sales for the year were $10,700. what is its average collection period? (Use 365 days in a year. do not round intermediate calculations. round your final answers to the nearest whole number.)
Average collection period _ days
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College Accounting, Chapters 1- 15
Authors: James A. Heintz, Robert W. Parry
23rd Edition
0357391942, 9780357391945
