Answered

Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Join our platform to connect with experts ready to provide detailed answers to your questions in various areas. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Black Company has the following information:

Receivable turnover
6
Inventory turnover
5
Asset turnover
3
Net credit sales
$500,000

What is the average collection period?

-24.3 days
-90 days
-50 days
-60.8 days
-30 days

Sagot :

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.