Question
Ralston Company reports the following information for the2011 fiscal year: Sales on account $355,000, Accounts Receivable $90,000, Allowance for Doubtful Accounts $3,500. Determine the
Ralston Company reports the following information for the2011 fiscal year: Sales on account $355,000, Accounts Receivable $90,000, Allowance for Doubtful Accounts $3,500. Determine the average number of days it takes Ralston to collect its accounts receivable. . 80 . 85 . 89 D. 98
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
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