Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. oral roberts dental supplies has annual sales of $

Oral Roberts Dental Supplies has annual sales of $5,200,000. Ninety percent are on credit. The...

90.2K

Verified Solution

Question

Accounting

Oral Roberts Dental Supplies has annual sales of $5,200,000. Ninety percent are on credit. The firm has $559,000 in accounts receivable. Compute the value of the average collection period...

Average Collection Period:

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

Medical Sciences
1.2K views

Different systems (such as the circulatory system, digestive system, respiratory system, urinary system, skeletomuscular system, etc.) cooperatively...

Chemistry
1.2K views

1. a) What is the net ionic equation for ZnSO4 + H2O? b) Is the solution acidic...

Biology
1.2K views

Match the following statement with one of the stages of mitosis:The nucleus and the nucleolus...

Physics
1.2K views

Starting from rest an object rolls down along an incline that rises by 3 in...

Algebra
1.2K views

7 The ordered pair 9 3 is a solution to which system of equations Oy...

Accounting
1.2K views

What deduction does Section 162(a)(2) specifically authorize? What Code provision in another section disallows some...

Accounting
1.2K views

On January 1,2024, Winn Heat Transfer leased office space under a three-year operating lease agreement....

Accounting
1.2K views

2. Question 2: Sub-CLO - 6, Weight (20%) PT Mandiri Sejahtera is a company that...

Accounting
1.2K views

Moss Co. issued $37,000,000 of four-year, 12% bonds with interest payable semiannually, at a market...

Finance
1.2K views

2.Now, lets think about a loan that is amortized over a shorter period of time:...

Finance
1.2K views

People with a good, steady source of income are more likely to have a Chapter...

Finance
1.2K views

D Question 21 4 pts Budgets are self-regulating and self-monitoring False True D Question 22...