Ladyday sells shoes on credit to its customers

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Reference no: EM13972081

Ladyday sells shoes on credit to its customers. The company’s total accounts receivable is for 2014is R1,792,725. Ladydays’s total credit sales are R12,346,125 for 2014. What is the Ladyday’s average collection period assuming a 365 day year?

Reference no: EM13972081

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Ladyday sells shoes on credit to its customers : Ladyday sells shoes on credit to its customers. The company’s total accounts receivable is for 2014is R1,792,725. Ladydays’s total credit sales are R12,346,125 for 2014. What is the Ladyday’s average collection period assuming a 365 day year?

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