Zucha corporation has an inventory period of 55 days an


Zucha Corporation has an inventory period of 55 days, an accounts receivable (A/R) period of 6 days, and an accounts payable (A/P) period of 3 days. The company's annual sales is $182,795.

If the company's annual sales are on credit, what is the investment in accounts receivable?

  • $3,005
  • $1,502
  • $27,544
  • $29,047
  • $30,549

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Business Management: Zucha corporation has an inventory period of 55 days an
Reference No:- TGS01366193

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