Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need fast, will like!!! SwenCorp had sales of $154 million this year and an average accounts receivable of $18 million per day Its credit terms

need fast, will like!!!
image text in transcribed
SwenCorp had sales of $154 million this year and an average accounts receivable of $18 million per day Its credit terms specify "2/14 net 40." On average, how long does it take to collect on its sales? O A. 28 days OB. 43 days OC. 13 days OD. 85 days

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Finance For Construction

Authors: Anthony Higham, Carl Bridge, Peter Farrell

1st Edition

1138941298, 978-1138941298

More Books

Students also viewed these Finance questions

Question

Do we have a businesslike board now? How can we get there? P987

Answered: 1 week ago

Question

Which months of this year 5 Mondays ?

Answered: 1 week ago

Question

Define Leap year?

Answered: 1 week ago

Question

Prepare a short profile of Lucy Clifford ?

Answered: 1 week ago

Question

Prepare a short profile of Rosa parks?

Answered: 1 week ago

Question

b. What groups were most represented? Why do you think this is so?

Answered: 1 week ago

Question

3. Describe phases of minority identity development.

Answered: 1 week ago

Question

5. Identify and describe nine social and cultural identities.

Answered: 1 week ago