Al Bayan Company's Average Accounts Receivables is OMR 220,000 and total Sales is OMR 800,000. The Cash sales are 40% of total sales. In this case, the Receivable collection period of the company will be: a. 167.29 days b. 100.37 days c. 250.94 days d. 184.25 days

Al Bayan Company's Average Accounts Receivables is OMR 220,000 and total Sales is OMR 800,000. The Cash sales are 40% of total sales. In this case, the Receivable collection period of the company will be: a. 167.29 days b. 100.37 days c. 250.94 days d. 184.25 days

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Al Bayan Company's Average
Accounts Receivables is OMR
220,000 and total Sales is OMR
800,000. The Cash sales are 40% of
total sales. In this case, the
Receivable collection period of the
company will be:
a. 167.29 days
b. 100.37 days
c. 250.94 days
d. 184.25 days

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