The average collection period is calculated as a. $\frac{365 \text { days }}{\text { Ending Accounts Receivable Balance }}$

b. $\frac{365 \text { days }}{\text { Net Credit Sales }}$

c. $\frac{365 \text { days }}{\text { Average Accounts Receivable Balance }}$

d. $\frac{365 \text { days }}{\text { Accounts Receivable Turnover }}$

Question

The average collection period is calculated as a. $\frac{365 \text { days }}{\text { Ending Accounts Receivable Balance }}$

b. $\frac{365 \text { days }}{\text { Net Credit Sales }}$

c. $\frac{365 \text { days }}{\text { Average Accounts Receivable Balance }}$

d. $\frac{365 \text { days }}{\text { Accounts Receivable Turnover }}$

Quizplus · Accepted Answer

The Answer of The average collection period is calculated as a. $\frac{365 \text { days }}{\text { Ending Accounts Receivable Balance }}$

b. $\frac{365 \text { days }}{\text { Net Credit Sales }}$

c. $\frac{365 \text { days }}{\text { Average Accounts Receivable Balance }}$

d. $\frac{365 \text { days }}{\text { Accounts Receivable Turnover }}$

The Average Collection Period Is Calculated as A 365 days Ending Accounts Receivable Balance \frac{365 \text { days }}{\text { Ending Accounts Receivable Balance }} Ending Accounts Receivable Balance 365 days ​