Question: AC22newconnect CH7 HW Help See 10 10 points Problem 7-22 Credit policy decision with changing variables (L07-4) Dome Metals has credit sales of 5522,000 yearly
AC22newconnect CH7 HW Help See 10 10 points Problem 7-22 Credit policy decision with changing variables (L07-4) Dome Metals has credit sales of 5522,000 yearly with credit ferms of net 30 days, which is also the average collection period one does not offer a discount for early payment, so its customers take the full 30 days to pay .. What is the average receivables balance? (Uue o 360-day year) Average receivables balance Hot ferences b. What is the receivables turnover? (Use a 360-day year.) ima Receivables fumover
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