Question
if term of sale is 3/10 net 60 and 40% of .6 customer take discount ,then the new *average collection period will be (albai 2)
if term of sale is 3/10 net 60 and 40% of .6 customer take discount ,then the new *average collection period will be (albai 2) day 40 O day 41 day 42 day 43 non of the above
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Fundamentals Of Corporate Finance
Authors: Stephen A Ross, Randolph W Westerfield, Bradford D Jordan
7th Edition
0073134295, 9780073134291
