Financial statements for Marcalo Company appear below:
-Marcalo Company's average collection period for Year 2 was closest to:
A) 20.6 days
B) 29.4 days
C) 30.0 days
D) 42.9 days

Question

Financial statements for Marcalo Company appear below:  
-Marcalo Company's average collection period for Year 2 was closest to:
A) 20.6 days 
B) 29.4 days 
C) 30.0 days 
D) 42.9 days

Quizplus · Accepted Answer

The Answer of Financial statements for Marcalo Company appear below:  
-Marcalo Company's average collection period for Year 2 was closest to:
A) 20.6 days 
B) 29.4 days 
C) 30.0 days 
D) 42.9 days

Financial Statements for Marcalo Company Appear Below