Naqvi eBikes sells to three retail dealers, each of whom pays Naqvi monthly. On average, the three dealers pay monthly payments of $132,700, $156,200, and $81,600 respectively. Each payment has a collection delay of 2.5 days. Assuming each month has 30 days, what is the amount of the average daily receipts?

Answer rating: 100% (QA)

To find the average daily receipts we need to first calculate the total mon... View the full answer