ACC501 - Business Finance
Question(s) similar to the following:
Standard Company had net sales of Rs. 750,000 over the past year. During that time, average receivables were Rs. 150,000. Assuming a 365-day year, what was the average collection period?
Question 1: Standard Company had net sales of Rs. 750,000 over the past year. During that time, average receivables were Rs. 150,000. Assuming a 365-day year, what was the average collection period?
5 days
36 days
48 days
73 days
Similar Questions:
Question 2: Standard Company had net sales of Rs. 750,000 over the past year. During that time, average receivables were Rs. 150,000. Assuming a 365-day year, what was the average collection period?
5 days
36 days
48 days
73 days
Quizzes of ACC501 - Business Finance
Question 1: Standard Company had net sales of Rs. 750,000 over the past year. During that time, average receivables were Rs. 150,000. Assuming a 365-day year, what was the average collection period?
5 days
36 days
48 days
73 days
Similar Questions:
Question 2: Standard Company had net sales of Rs. 750,000 over the past year. During that time, average receivables were Rs. 150,000. Assuming a 365-day year, what was the average collection period?
5 days
36 days
48 days
73 days
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