RoyalFox9501 RoyalFox9501

06-12-2022
Business

contestada

Black Company has the following information:

Receivable turnover
6
Inventory turnover
5
Asset turnover
3
Net credit sales
$500,000

What is the average collection period?

-24.3 days
-90 days
-50 days
-60.8 days
-30 days

Respuesta :

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