Average collection period for accounts receivable in days

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Reference no: EM131292175

Recent financial statements of Pillsbury Inc. report net sales of $7,585,650,000. Accounts receivable are $650,555,000 at the beginning of the year and $685,562,000 at the end of the year.

Required: Compute Pillsbury’s average collection period for accounts receivable in days.

Reference no: EM131292175

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Average collection period for accounts receivable in days : Recent financial statements of Pillsbury Inc. report net sales of $7,585,650,000. Accounts receivable are $650,555,000 at the beginning of the year and $685,562,000 at the end of the year. Compute Pillsbury’s average collection period for accounts re..

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