Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Pujols Lumber Yard has a current accounts receivable balance of $443,938. Credit sales for the year just ended were $9,393,621. How long did it take
Pujols Lumber Yard has a current accounts receivable balance of $443,938. Credit sales for the year just ended were $9,393,621. How long did it take on average for credit customers to pay off their accounts during the past year? (Enter the answer with 2 decimal places (e.g. 23.45)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started