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If Crossroads International has $4,000,000 in total sales (70% on credit) and receivables of $388,889, their average collection period is closer to: 70 days 60
If Crossroads International has $4,000,000 in total sales (70% on credit) and receivables of $388,889, their average collection period is closer to:
| 70 days |
| 60 days |
| 50 days |
| 90 days |
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Public Finance
Authors: Steven G. Medema, Carl Sumner Shoup
1st Edition
0202307859, 978-0202307855
