Al's Sport Store has sales of $897,400 and accounts receivable of $74,100. How many days, on...

   

 

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Al's Sport Store has sales of $897,400 and accounts receivable of $74,100. How many days, on average, does it take the firm to collect its receivables? (Round to the closest # of days) Al's Sport Store has sales of $897,400 and accounts receivable of $74,100. How many days, on average, does it take the firm to collect its receivables? (Round to the closest # of days)

Answer rating: 100% (QA)

To calculate the average collection period in days we can use t... View the full answer