Business, 13.03.2020 21:44, nayely1020

Walker Clothing Store had a balance in the Accounts Receivable account of $390,000 at the beginning of the year and a balance of $410,000 at the end of the year. Net credit sales during the year amounted to $2,000,000. The average collection period of the receivables in terms of days was

a.)73 days.

b.)30 days.

c.)365 days

d.)146 days.

Answers: 1

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Walker Clothing Store had a balance in the Accounts Receivable account of $390,000 at the beginning...