myluvbug2013 myluvbug2013
  • 18-10-2019
  • Business
contestada

If the average collection period is 35 days this means

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hiltonmommy2 hiltonmommy2
  • 18-10-2019
This means that customers pay their credit to the company every 35 days on average.

ACP = $10,185 / $105,452 x 365 = 35.2 days
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