Question
Skye Flyer, Inc., has weekly credit sales of $69,400, and the average collection period is 23 days. What is the average accounts receivable figure? (Do
Skye Flyer, Inc., has weekly credit sales of $69,400, and the average collection period is 23 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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The New Managed Account Solutions Handbook
Authors: Stephen D. Gresham, Arlen S. Oransky
1st Edition
0470222786, 978-0470222782
