The bear rug has sales of 822500 the cost of goods sold is

Reference no: EM13618386

The Bear Rug has sales of $822,500. The cost of goods sold is equal to 63 percent of sales. The beginning accounts receivable balance is $41,000 and the ending accounts receivable balance is $38,000. How long on average does it take the firm to collect its receivables?

Reference no: EM13618386

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