Jaminda’s Holistic Healing has sales of $980,000, cost of goods
sold of $765,250, and accounts receivable of $88,640. How long on
average does it take the firm's customers to pay for their
purchases? Assume a 365-day year.
Multiple Choice
Multiple Choice
-
15.5 days
-
33.01 days
-
32.56 days
-
8.63 days
-
42.56 days