Question: i need clarification for the answer please , - During 2005 a Merchandize Sales Company had Cash Sales of 56.25 Million, Which were 15% of

i need clarification for the answer please , i need clarification for the answer please , - During 2005 a

- During 2005 a Merchandize Sales Company had Cash Sales of 56.25 Million, Which were 15\% of the Total Sales, During this Period Accounts Receivables of the Company Were13\% of Total Sales. What was the Average Collection Period of the Company During 2005 ? 62 Days 18 Days 56 Days 19 Days

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