Answer:
=The average collection period is calculated by dividing the average balance of accounts receivable by total net credit sales for the period and multiplying the quotient by the number of days in the period.
Step-by-step explanation:
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Answer:
=The average collection period is calculated by dividing the average balance of accounts receivable by total net credit sales for the period and multiplying the quotient by the number of days in the period.
Step-by-step explanation:
Keep on learning
Keep safe
Brain list please