Question
Top Notch clothiers had sales of $1,989,960 for the quarter ending July 200x. If their balance sheet for the period showed Accounts Receivable at $821,940,
Top Notch clothiers had sales of $1,989,960 for the quarter ending July 200x. If their balance sheet for the period showed Accounts Receivable at $821,940, what is their average collection period?(show calculation)
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Horngrens Cost Accounting A Managerial Emphasis
Authors: Srikant M. Datar, Madhav V. Rajan
17th Edition
0135628474, 9780135628478
