Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There is something Im doing wrong since the answer I get is not an option. What I did was add 73900 and 64000 and get

There is something Im doing wrong since the answer I get is not an option. What I did was add 73900 and 64000 and get the average and divide 902000 by the average and I get 13.08! Help image text in transcribed
value: 5.00 points At the end of the third year, the Treadwell Tire Company had accounts receivable of $64,000, and at the end of the fourth year, the company had accounts receivable of $73,900. If the company's net sales revenue during the fourth year were $902,000, the days to collect during year four was (Do not round intermediate calculation, round your final answer to 2 decimal places. Use 365 days in a yeer 27.90 12.21 O 2990 8.19

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Next Step Advanced Medical Coding And Auditing

Authors: Carol J. Buck

1st Edition

0323430775, 978-0323430777

More Books

Students also viewed these Accounting questions

Question

Explain the causes of indiscipline.

Answered: 1 week ago