Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

Husker's Tuxedos Corp. ended the year 2015 with an average collection period of 41 days. The firm's credit sales for 2015 were $57.0 million.

Mr. Husker's Tuxedos Corp. ended the year 2015 with an average collection period of 41 days. The firm's credit sales for 2015 were $57.0 million.

What is the year-end 2015 balance in accounts receivable for Mr. Husker's Tuxedos?  (Enter your answer in dollars, not millions. Round your answer to the nearest whole dollar. Use 365 days a year.)

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question