Stealth Company\'s 2013 average collection period is: 109 days. 128 days. 104 da

Question

Stealth Company's 2013 average collection period is: 109 days. 128 days. 104 days. 73 days.


Stealth Company's 2013 average collection period is: 109 days. 128 days. 104 days. 73 days.

Stealth Company's 2013 average collection period is: 109 days. 128 days. 104 days. 73 days.

109 days. 128 days. 104 days. 73 days.

109 days. 128 days. 104 days. 73 days.

Excerpts from Stealth Company's December 31, 2013 and 2012, financial statements are presented below: Stealth Company's 2013 average collection period is:

Explanation / Answer

avearge collection period = 365 * average account recievables /sales

average account recievables = account recibales of 2012 + 2013/2

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.