Question
Skye Flyer, Inc., has weekly credit sales of $15,600, and the average collection period is 38 days. What is the average accounts receivable figure? (Do
Skye Flyer, Inc., has weekly credit sales of $15,600, and the average collection period is 38 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.)
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International Financial Reporting And Analysis
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
8th Edition
978-1473766853, 1473766850
