Solution-What is the average collection period

What is the average collection period

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XYZ Company's credit terms are 1/4 net 39. The company estimates that 61% of the customers will take the cash discount. What is the average collection period?

Enter your answer rounded off to TWO decimal points.

Reference no: EM131419791

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What is the average collection period : XYZ Company's credit terms are 1/4 net 39. The company estimates that 61% of the customers will take the cash discount. What is the average collection period?

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What is the average collection period

Reference no: EM131419791

Reference no: EM131419791

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