Question
Skye Flyer, Inc., has weekly credit sales of $20,500, and the average collection period is 41 days. What is the average accounts receivable figure? (Do
| Skye Flyer, Inc., has weekly credit sales of $20,500, and the average collection period is 41 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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Take Charge Of Your Money Now Essential Strategies For Winning In Any Financial Climate
Authors: A.J. Monte, Rick Swope
1st Edition
0345517334, 978-0345517333
