he company we work for wi ceiving payments from cust uring this year in dollar, as p ble below alculate the average, minim aximum values of the paym

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter22: Providing And Obtaining Credit
Section: Chapter Questions
Problem 5MC
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The company we work for will be
receiving payments from customers
during this year in dollar, as per the
table below
Calculate the average, minimum and
maximum values of the payments (in
dollar).
Date
31-jan-19
28-feb-19
31-mar-19
30-apr-19
31-may-19
30-jun-19
31-jul-19
Amount
100,000
80,000
25,000
9,000
124,000
86,342
10,450
Transcribed Image Text:The company we work for will be receiving payments from customers during this year in dollar, as per the table below Calculate the average, minimum and maximum values of the payments (in dollar). Date 31-jan-19 28-feb-19 31-mar-19 30-apr-19 31-may-19 30-jun-19 31-jul-19 Amount 100,000 80,000 25,000 9,000 124,000 86,342 10,450
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