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senath companys annual report reveals net credit sales of $240000 and average accounts receivable of $20000. the report also shows an average inventory balance of
senath companys annual report reveals net credit sales of $240000 and average accounts receivable of $20000. the report also shows an average inventory balance of $10000 and cost of goods of &200000. based on this information (treat any patial day as a whole day)
The average number of days to collect receivables is 12.
The average number of days to collect receivables is 31.
The account receivable turnover is 20.
The account receivable turnover is 19.
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