问题 单项选择题

Using a 365-day year, if a firm has net annual sales of $ 250000 and average receivables of $150000, what is its average collection period()

A. 219.0 days.

B. 1.7 days.

C. 96 days.

答案

参考答案:A

解析:

Receivables turnover = $ 250000/$150000 = 1.66667. Collection period = 365/1.66667 = 219 days.

单项选择题 共用题干题
单项选择题