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GoodDeal Co. has sales of $815,000, cost of goods sold of $768,000, and accounts receivable of $98,700. How long on average does it take the
GoodDeal Co. has sales of $815,000, cost of goods sold of $768,000, and accounts receivable of $98,700. How long on average does it take the firm's customers to pay for their purchases?
A. | 52.23 days | |
B. | 39.03 days | |
C. | 46.03 days | |
D. | 44.20 days | |
E. | 42.06 days |
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