Business, 25.12.2019 21:31 uhhgray

Metlock, inc. had a balance in the accounts receivable account of $819000 at the beginning of the year and a balance of $914000 at the end of the year. net credit sales during the year amounted to $9098250. the average collection period of the receivables in terms of days was

a. 5 days.
b. 34.8 days.
c. 32.9 days.
d. 34 days.

Answers: 1

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Metlock, inc. had a balance in the accounts receivable account of $819000 at the beginning of the ye...