Question: Bison Co. has presented excerpts from its financial statements for 2021 and 2022 below. Calculate Bison Co.'s 2022 average collection period, rounded to the

Bison Co. has presented excerpts from its financial statements for 2021 and

Bison Co. has presented excerpts from its financial statements for 2021 and 2022 below. Calculate Bison Co.'s 2022 average collection period, rounded to the nearest day. Accounts Receivable Merchandise Inventory Net Sales Cost of Goods Sold 2021 $83,000 $61,000 $403,000 $243,000 2022 $75,000 $75,000 $375,000 $223,000

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