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Route Canal Shipping Company has the following schedule for aging of accounts recelvable: o. Calculate the percentage of amount due for each month b. If

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Route Canal Shipping Company has the following schedule for aging of accounts recelvable: o. Calculate the percentage of amount due for each month b. If the firm had $1,512,000 in credit sales over the four-month period, compute the average collection period. Average dally credit sales should be based on a 120 -day period c. If the firm likes to see its bilis collected in 36 days, should it be satisfied with the average collection period? d. Distegarding your answer to part cand considering the aging schedule for accounts recelvable, should the company be satisfied

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