Question: There is something Im doing wrong since the answer I get is not an option. What I did was add 73900 and 64000 and get

There is something Im doing wrong since the answer I get is not an option. What I did was add 73900 and 64000 and get the average and divide 902000 by the average and I get 13.08! Help  There is something Im doing wrong since the answer I get

value: 5.00 points At the end of the third year, the Treadwell Tire Company had accounts receivable of $64,000, and at the end of the fourth year, the company had accounts receivable of $73,900. If the company's net sales revenue during the fourth year were $902,000, the days to collect during year four was (Do not round intermediate calculation, round your final answer to 2 decimal places. Use 365 days in a yeer 27.90 12.21 O 2990 8.19

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!