Selected Financial Data for Bragg Company Appear Below

question 109

Multiple Choice

Selected financial data for Bragg Company appear below:
-Suppose that 45% of Bragg Company's total sales are cash sales.The company's average collection period (age of receivables) for Year 2 was closest to:

• A)44.24 days
• B)54.07 days
• C)36.05 days
• D)29.49 days

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