Which of the following factors are used to compute the, Ask an Expert

Accounting

Which of the following factors are used to compute the average collection period?

a. Inventory turnover and 365 days

b. Net credit sales and average inventory

c. Average accounts receivable and 365 days

d. Average accounts receivable and cost of goods sold

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9401323

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