University of Maryland Global Campus Average Collection Period Problem

Question Description

Need acceleration delay my Accounting investigation - I’m studying for my adjust.

The aftercited instruction is adapted for Edmiston Company.

Beginning accounts receivable


Ending accounts receivable


Net sales


Compute the medium assemblage era (days sales in A/R). Use a 360 day year or 30 day month. (Round medium assemblage era to 1 decimal situate)