EBK FOUNDATIONS OF FINANCIAL MANAGEMENT
EBK FOUNDATIONS OF FINANCIAL MANAGEMENT
17th Edition
ISBN: 9781260464900
Author: BLOCK
Publisher: MCGRAW-HILL LEARNING SOLN.(CC)
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Chapter 7, Problem 9P

Barney’s Antique Shop has annual credit sales of $1,620,000 and an accounts receivable balance of $157,500 . Calculate the average collection period (use 360 days in a year).

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EBK FOUNDATIONS OF FINANCIAL MANAGEMENT

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