at the beginning of the year, clay ventures has total accounts receivable of $100,000. by the end of the year, clay reports net credit sales of $900,000 and total accounts receivable of $200,000. what is the average collection period for clay ventures?

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05-10-2022
Business

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at the beginning of the year, clay ventures has total accounts receivable of $100,000. by the end of the year, clay reports net credit sales of $900,000 and total accounts receivable of $200,000. what is the average collection period for clay ventures?

Sagot :

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at the beginning of the year, clay ventures has total accounts receivable of $100,000. by the end of the year, clay reports net credit sales of $900,000 and total accounts receivable of $200,000. what is the average collection period for clay ventures?

Sagot :

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