Help will thumbs up! Autom VaughnClothing Store had net...

70.2K

Verified Solution

Question

Accounting

Help will thumbs up!
image
Autom VaughnClothing Store had net accounts receivable of $480000 at the beginning of the year and $450000 at the end of the year. Net credit sales during the year amounted to $3720000. The average collection period of the receivables in terms of days was light a e year r was 45.63 days 365.00 days. 47.10 days. 44.15 days

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students