Reference no: EM131263909
During 2013 Columbia Inc. had a beginning accounts receivable of $680,000 and ending accounts receivable of $760,000. If net sales of $4,500,000 are composed of 20% cash sales and 80% credit sales., What is Columbias average collection period based on this information?
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What is columbias average collection period based
: During 2013 Columbia Inc. had a beginning accounts receivable of $680,000 and ending accounts receivable of $760,000. If net sales of $4,500,000 are composed of 20% cash sales and 80% credit sales., What is Columbias average collection period based o..
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