Average investment in accounts receivable the cost of

Reference no: EM13484436 , Length: 10

Average Investment in Accounts Receivable. The cost of product X is 30 percent of its selling price, and the carrying cost is 8 percent of selling price. Accounts are paid on average 60 days after sale. Sales per month average $25,000. What is the investment in accounts receivable?

Reference no: EM13484436

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Average investment in accounts receivable the cost of

Reference no: EM13484436 , Length: 10

Reference no: EM13484436

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