Bhattia Inc

question 302

Multiple Choice

Bhattia Inc. has credit terms of 2/15, net 60. Based on experience, 70% of all customers will take the discount. Given this information, calculate average collection period.

• A) 27.00 days
• B) 28.50 days
• C) 30.00 days
• D) 31.50 days
• E) 33.00 days

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