Small Fry Pools generally carries an amount of receivables equal to $80,000, and its annual credit sales

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Small Fry Pools generally carries an amount of receivables equal to $80,000, and its annual credit sales equal $2.4 million. What are Small Fry’s
(a) Receivables turnover
(b) Receivables collection period (DSO)?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Question Posted: Nov 24, 2014 09:27 AM

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Small Fry Pools generally carries an amount of receivables equal to $80,000, and its annual credit sales

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Principles of Finance

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