Given the following information, what is the average collection period? Trade receivables $300,000 Revenue 2,500,000 A) 8.3

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Given the following information, what is the average collection period? Trade receivables $300,000 Revenue 2,500,000

A) 8.3 days

B) 12 days

C) 30.4 days

D) 43.8 days

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Basic Finance An Introduction to Financial Institutions Investments and Management

ISBN: 978-1111820633

10th edition

Authors: Herbert B. Mayo

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Posted Date: Jan 06, 2024 05:55 AM

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Given the following information, what is the average collection period? Trade receivables $300,000 Revenue 2,500,000 A) 8.3

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Basic Finance An Introduction to Financial Institutions Investments and Management

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