Use the Following Information for the Question(s)below

question 27

Multiple Choice

Use the following information for the question(s) below.
Wyatt Oil has the following accounts on its books: Wyatt extends credit on terms of 1/15,net 30.
-The percentage of Wyatt's receivables that are more than 30 days past due is closest to:

• A)20.1%.
• B)32.1%.
• C)38.3%.
• D)42.2%.

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