Data from Alf Corporation's most recent balance sheet and income statement appear below:
The average collection period for this year is closest to:
A) 78.5 days
B) 74.3 days
C) 40.6 days
D) 36.2 days

Question

Data from Alf Corporation's most recent balance sheet and income statement appear below: 
The average collection period for this year is closest to:
A) 78.5 days 
B) 74.3 days 
C) 40.6 days 
D) 36.2 days

Quizplus · Accepted Answer

The Answer of Data from Alf Corporation's most recent balance sheet and income statement appear below: 
The average collection period for this year is closest to:
A) 78.5 days 
B) 74.3 days 
C) 40.6 days 
D) 36.2 days

Data from Alf Corporation's Most Recent Balance Sheet and Income