Accounts Receivable Assignment | Homework For You
February 13th, 2020
If a firm has sales of $25,152,000 a year, and the average collection period for the industry is 30 days, what should this firm’s accounts receivable be if the firm is comparable to the industry? Assume there are 365 days in a year. Do not round intermediate calculations. Round your answer to the nearest dollar. Get Finance homework help today