Compute the average collection period

Reference no: EM13256543

Sanders' Prime Time Company has annual credit sales of $2,592,000 and accounts receivable of $604,800. Compute the average collection period. (Use 360 days in a year.)

Reference no: EM13256543

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Compute the average collection period : Sanders' Prime Time Company has annual credit sales of $2,592,000 and accounts receivable of $604,800. Compute the average collection period. (Use 360 days in a year.)

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