Multiple Choice
Bhattia Inc. has credit terms of 2/15, net 60. Based on experience, 70% of all customers will take the discount. Given this information, calculate average collection period.
A) 27.00 days
B) 28.50 days
C) 30.00 days
D) 31.50 days
E) 33.00 days
Correct Answer:
Verified
Correct Answer:
Verified
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