caraanderson9689 caraanderson9689

22-01-2021
Business

contestada

Everdeen Inc. has a 90-day operating cycle. If its average age of inventory is 35 days, how long is its average collection period

Respuesta :

ayokenny2001 ayokenny2001

23-01-2021

Answer:

8.6 days

Explanation:

The formula for average collection period

= Average received turnover ratio / 365 daya

= 90 × 35 / 365

= 8.6 days

Answer Link

Otras preguntas

Conflict of interest is the biggest concern in a study with which of the following situations?

Would appreciate some help with this! Thank you! (please answer only if you know)

Following a hernia repair, a 3-month-old is admitted to the PACU positioned on his side with a pacifier in his mouth. The airway becomes obstructed by the tongu

Which point is an x-intercept of the quadratic function f(x) = (x – 4)(x + 2)?1. (–4, 0)2. (–2, 0)3. (0, 2)4. (4, –2)

find the area of a parallelogram PQRS, if PR= 24cm and QU=ST= 8cm

What will happen if an Athlete attempts to enter an amount greater than the Maximum Refund Limit?

How long do we continue pharmacotherapy for patients with remission?

You are treating a family of four in therapy. The oldest child, age 17, suggested that you do telehealth sessions with him. Legally, in order to do this you mus

The ____ it's an outpouching from the bile ducts that serve as a reservoir and concentrating organ for blank produced in the liver: a. Gallbladder; Bile b. Panc

The adoption of new technologies for digital marketing has temporarily slowed as marketers come to grips with the wealth of technologies already available. a) T