Business, 05.03.2020 08:39 mayasofia

Dome Metals has credit sales of $180,000yearly with credit terms of net 60 days, which is also the average collection period. Dome does not offer a discount for early payment, so its customers take the full 60 dys to pay. What is the average receivables balance? Receivables turnover?

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Dome Metals has credit sales of $180,000yearly with credit terms of net 60 days, which is also the a...

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