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eBook Sanders' Prime Time Lighting Co. has credit sales of $1,800,000 and accounts receivable of $210,000, Compute the value for the average collection period.
eBook Sanders' Prime Time Lighting Co. has credit sales of $1,800,000 and accounts receivable of $210,000, Compute the value for the average collection period. (Use 365 days in a year. Do not round intermediate calculations. Round the final answer to the nearest whole number.) Average collection period days
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
