Description of this paper

I have to find the average collection period for a year that is not on the balance sheet?

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solution


Question

I have to find the average collection period for a year that is not on the balance sheet? I have the credit sales total, and days Ina period, but I am having troubles figuring out the average amount of accounts receivables for the year I have to solve for. I have the accounts rice vales for the 2 years prior though.

 

Paper#28288 | Written in 18-Jul-2015

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