Jen Industries Had Sales of $32 Million This Year and an Average

question 90

Multiple Choice

Jen Industries had sales of $32 million this year and an average accounts receivable of $0.8 million per day.On average,how long does it take to collect on its sales?

• A)9 days
• B)11 days
• C)12 days
• D)19 days
• E)40 days

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