Question: Champlain Ltd . sells 8 , 6 0 0 units of its perfume collection each year at a price per unit of $ 4 1
Champlain Ltd sells units of its perfume collection each year at a price per unit of $ All sales are on credit with terms of net The discount is taken by of the customers.
Calculate the average collection period. Do not round intermediate calculations. Round the final answer to decimal places.
Average collection period days
What is the receivables turnover? Use days a year. Do not round intermediate calculations. Round the final answer to decimal places.
Receivables turnover times
What is the amount of the company's average receivables? Use days a year. Do not round intermediate calculations. Round the final answer to decimal places. Omit $ sign in your response.
Average receivables
$
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