Question: Wilson Licensing has the aging schedule shown here. Assume that the receivables in each age category have an age equivalent to the midpoint of the

Wilson Licensing has the aging schedule shown here. Assume that the receivables in each age category have an age equivalent to the midpoint of the range. Calculate an average age of accounts receivable for WilsonLicensing.

Age 0-30 days 30-60 days 60-90 days Total Accounts Receivable Percent 400,000 53.33% 250,000 33.33% 100,000 13.33% 750,000 100%

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