Question: QUESTION 40 Q40. Financial Statement Analysis (6 minutes - 3 marks) Don't Go Bacon My Heart had not credit sales of $3.941 067 and cost

QUESTION 40 Q40. Financial Statement Analysis (6 minutes - 3 marks) Don't Go Bacon My Heart had not credit sales of $3.941 067 and cost of goods sold of 2.603 254 for the 2021 cal year The Accounts Recewable bancs at the end of 2020 was $11,901 and $704,013 at the end of 2021 What is the average collection period days in recevabes? Round your first awer to the nearest door Do not uses in your final answer Do not found intermediary answers 1/6098 diary wors QUESTION 40 Q40. Financial Statement Analysis (6 minutes - 3 marks) Don't Go Bacon My Heart had not credit sales of $3.941,667 and cost of goods sold of $2.893 254 for thow 2021 fiscal your The Accounts Receivable balance at the end of 2020 was $611 501 and $704013 at the end of 2021 What is the average collection period day sales in receivables? Round your final answer to the nearest dolor. Do not use $ signs in your final answer. Do not found intermediary answers Click Save and submittee and submit. Click Save All Auto alla
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
