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Business, 19.11.2019 04:31 alizeleach0123

At year-end, sample has cash of $ 14,000, current accounts receivable of $ 70,000, merchandise inventory of $ 42,000, and prepaid expenses totaling $ 5,300. liabilities of $ 20 comma 000 must be paid next year. assume accounts receivable had a beginning balance of $ 10 comma 000 and net credit sales for the current year totaled $ 560 comma 000. how many days did it take sample to collect its average level of receivables?

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