EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
11th Edition
ISBN: 8220102798878
Author: Ross
Publisher: YUZU
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Chapter 28, Problem 4QP

Size of Accounts Receivable Tidwell, Inc., has weekly credit sales of $31,400, and the average collection period is 29 days. The cost of production is 75 percent of the selling price. What is the average accounts receivable figure?

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EBK CORPORATE FINANCE

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