The financial statements of the Melton Manufacturing Company reports net sales of $300,000 and

ACC 291 Entire Course Link

https://uopcourses.com/category/acc-291/

 

 The financial statements of the Melton Manufacturing Company reports net

sales of $300,000 and accounts receivable of $50,000 and $30,000 at the beginning of the year and end of year, respectively. What is the average collection period for accounts receivable in days?

 

36.5

 

60.8

 

 

48.7
Powered by