Ribaudo Corporation has provided the following financial data from its balance sheet and income statement: The company's average collection period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) 70.1 days
B) 1.1 days
C) 72.1 days
D) 1.0 days

Question

Ribaudo Corporation has provided the following financial data from its balance sheet and income statement:  The company's average collection period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) 70.1 days 
B) 1.1 days 
C) 72.1 days 
D) 1.0 days

Quizplus · Accepted Answer

The Answer of Ribaudo Corporation has provided the following financial data from its balance sheet and income statement:  The company's average collection period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) 70.1 days 
B) 1.1 days 
C) 72.1 days 
D) 1.0 days

Ribaudo Corporation Has Provided the Following Financial Data from Its