Question
Skye Flyer, Inc., has weekly credit sales of $14,500, and the average collection period is 62 days. What is the average accounts receivable figure? (Do
| Skye Flyer, Inc., has weekly credit sales of $14,500, and the average collection period is 62 days. What is the average accounts receivable figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Average accounts receivable | $ |
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Financial Management And Policy
Authors: James C. Van Horne
11th Edition
0137512236, 9780137512232
