Chik's Chickens has accounts receivable of $5,533. Sales for the year were $9,000. What is its average collection period? (Use 365 days in a year. Do not round intermediate calculations. Round your final answer to the nearest whole number.) Average collection period days

Chik's Chickens has accounts receivable of $5,533. Sales for the year were $9,000. What is its average collection period? (Use 365 days in a year. Do not round intermediate calculations. Round your final answer to the nearest whole number.) Average collection period days

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 12Q: Berry Farms has an accounts receivable balance at the end of 2018 of $425,650. The net credit sales...

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Receivables Management

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A 146.

Subject:- finance

Chik's Chickens has accounts receivable of $5,533. Sales for the year were $9,000. What is its average collection period? (Use 365
days in a year. Do not round intermediate calculations. Round your final answer to the nearest whole number.)
Average collection period
days

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