How many days does it take on aveage to collect cash

Reference no: EM131990152

Question: How many days does it take on aveage for Fotoshop to collect cash from the customers who buon on credit given the following data?

Total sales: $1000

Sales on Credit = 75% of total sales

Accounts receivable at beginning of year = $200

Accounts receibable at the end of year = $300

Reference no: EM131990152

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