Question
Valdez Company reported sales of $343,000; beginning with net Accounts Receivable of $89,000 and ending net Accounts Receivable of $111,000. Valdez Company's receivable collection period(rounded
Valdez Company reported sales of $343,000; beginning with net Accounts Receivable of $89,000 and ending net Accounts Receivable of $111,000. Valdez Company's receivable collection period(rounded to the nearest day) is: (Use a 365-day year for computations.)
A. 118.
B. 95.
C. 106.
D. 79
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Finite Mathematics and Its Applications
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
12th edition
978-0134768588, 9780134437767, 134768582, 134437764, 978-0134768632
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