What the company''s average collection period was


Granger Company had $180,000 in sales on account last year. The beginning accounts receivable balance was $10,000 and the ending accounts receivable balance was $18,000. what the company's average collection period (age of receivables) was closest to:

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What the company''s average collection period was
Reference No:- TGS087144

Expected delivery within 24 Hours