The average collection period is 150 days what was the
XYZ's receivables turnover is 16x. The accounts receivable at year-end are $660,000. The average collection period is 150 days. What was the sales figure for the year assuming all sales are on credit? $660,000 $141,250 $10,560,000 $41,250.
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assume the following sales 400m net income 60m ta 350m and there is 050 in total debt per dollar of total equity
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xyzs receivables turnover is 16x the accounts receivable at year-end are 660000 the average collection period is 150
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