Business, 27.09.2019 01:30 dnsnmcmdmxmx

The bear rug has sales of $811,000. 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?
(a) 17.26 days
(b) 17.78 days
(c) 18.58 days
(d) 20.44 days
(e) 29.77 days

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The bear rug has sales of $811,000. the cost of goods sold is equal to 63 percent of sales. the begi...

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