Oral Roberts Dental Supplies has annual sales of $6,615,000. Eighty percent are on credit. The firm has $882,000 in accounts receivable.  
   
Compute the value of the average collection period. (Do not round intermediate calculations. Use a 360-day year.)
  

Average collection period= _______days

Answer rating: 100% (QA)

To compute the average collection period we use the formu... View the full answer