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Oral Roberts Dental Supplies has annual sales of $5,040,000. Ninety percent are on credit. The firm has $491,400 in accounts receivable Compute the value of
Oral Roberts Dental Supplies has annual sales of $5,040,000. Ninety percent are on credit. The firm has $491,400 in accounts receivable Compute the value of the average collection period. (Do not round intermediate calculations. Use a 360-day year.) Average collection period days
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
978-1259307416
