Accounts receivables balance


Virginia Hams has total sales of $86,000 and an accounts receivables balance of $14,400. How long on average does it take to collect payment from a customer?

A. 43.87 days

B. 61.12 days

C. 92.21 days

D. 73.08 days

Solution Preview :

Prepared by a verified Expert
Finance Basics: Accounts receivables balance
Reference No:- TGS0674269

Now Priced at $2 (50% Discount)

Recommended (97%)

Rated (4.9/5)