MC algo 16-9 Accounts Receivable Period The Monster Truck operates several apeciaty vehicles that prquide...
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Accounting
MC algo 16-9 Accounts Receivable Period The Monster Truck operates several apeciaty vehicles that prquide hot food and beverogen for firms that have workers employed in outlying regions. The company has annual sales or 563t100. Cost of goods sold average 51 percent of sales and the profit margh is 6.4 percent The average accounts receivable. balance is $36.600. On average, how long does it take the company to collect payment for its services? Assume 365 days per yeac. Ayrpie choice 2112 dayn

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