Revenue $63,000 % of Revenue Accounts Receivable If I...

90.2K

Verified Solution

Question

Accounting

Revenue $63,000
% of Revenue
Accounts Receivable
If I am opening a new business and i expect to generate $63,000.00 in revenue my first month in business. What percentage of this should be accounts receivable?

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