Dowling's 2013 average collection period is (rounded):

Question

Quizplus · Accepted Answer

The average collection period is calculated by dividing accounts receivable by average daily sales. Since this information is not given in the question, we cannot calculate the exact average collection period for Dowling. However, we are given answer choices, and we can use those to make an educated guess.

Option A) 50 days - This might be too low of a value, considering that Dowling is a business and it might take more than 50 days to collect payments from its customers.

Option B) 63 days - This might be a little too high, considering that the question does not provide any information about Dowling's business operations or the nature of its customers.

Option C) 57 days - This seems like a reasonable value. It is not too low or too high and falls in the middle of the other answer choices.

Option D) 51 days - This might be too low, as explained in Option A.

Therefore, the best choice is C) 57 days.

Dowling's 2013 Average Collection Period Is (Rounded)