Finding the average receivables

Reference no: EM131970932

Question: Essence of Skunk Fragrances, Ltd., sells 6,500 units of its perfume collection each year at a price per unit of $395. All sales are on credit with terms of 1/30, net 30. The discount is taken by 50 percent of the customers. What is the amount of the company's accounts receivable? What is the average receivables?

Reference no: EM131970932

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