Categories

SKU 04586

$0.00

In stock

1

Product Details

Correct! The average collection period is computed by dividing the number of days in the year by the accounts receivable turnover, or 365/7 = 52 days. | |

Prall Corporation sells its goods on terms of 2/10, n/30. It has a receivables turnover ratio of 7.00. What is its average collection period (days)?

**https://issuu.com/uoptutor4/docs/uoptutorial.docx**

2 days |

2,555 days |

30 days |

52 days |

Save this product for later