Explore BrainMass

Average collection period

This content was STOLEN from BrainMass.com - View the original, and get the solution, here!

MICROLIMP'S account receiveables total $4,000,000 on annual sales of $400 million. What is the companys average collection period?

© BrainMass Inc. brainmass.com September 24, 2018, 1:18 pm ad1c9bdddf - https://brainmass.com/economics/finance/average-collection-period-microlimps-85181

Solution Preview

Average collection period, is the ratio of accounts receivables to ...

Solution Summary

Average collection period is defined.