Multiple Choice
Crosland, Inc. has sales of $512,000, costs of goods sold of $345,000, average accounts receivable of $56,400, and average accounts payable of $45,900. How long does it take for Crosland's credit
Customers to pay for their purchases?
A) 27.12 days
B) 32.72 days
C) 40.21 days
D) 48.56 days
E) 59.67 days
Correct Answer:
Verified
Related Questions
Q204: On average, Stuff for Less is able
Q205: Year Average Q206: A company currently has a 51 day Q208: Weson, Inc. has sales of $462,000, costs![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents