caraanderson9689 caraanderson9689

22-01-2021
Business

contestada

Everdeen Inc. has a 90-day operating cycle. If its average age of inventory is 35 days, how long is its average collection period

Respuesta :

ayokenny2001 ayokenny2001

23-01-2021

Answer:

8.6 days

Explanation:

The formula for average collection period

= Average received turnover ratio / 365 daya

= 90 × 35 / 365

= 8.6 days

Answer Link

Otras preguntas

Perform the indicated operation 2 3/8 times 5 3/4

What did Catholics defend by citing the Incarnation?

Tell what the following people WILL do tomorrow by changing the verb in the following statement to the future tense. Write the new verb in the blank. Tengo mu

Mark tossed six balls while playing a number game. Three balls landed in one section, and three balls landed in another section. His score is greater than one h

why cant body builders swim please give reasons.

_____ provide slip-resistant walking surfaces by absorbing liquid or by removing dirt, debris, and liquid from shoes. A.Mats B.Rugs C.Carpets D.Tile

Why were cattle domesticated around the mediterranean sea?

Frances Perkins, a social worker, was the first _____.

Julia y Natalia están en diez grado. correct incorrect

Profit earned by the colonists from selling crops to European buyers would most likely be spent on