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    Intermediate Accounting Study Set 14
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    Exam 22: Financial Statement Analysis
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    LMN Reported the Following 2014 Data in 000's: LMN's
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LMN Reported the Following 2014 Data in 000's: LMN's

Question 38

Question 38

Multiple Choice

LMN reported the following 2014 data in 000's: LMN reported the following 2014 data in 000's:   LMN's average age of the receivables was (in days) : (Assume 360 days in a year)  A) 61 days. B) 91 days. C) 115 days. D) 37 days. E) None of these choices are correct. LMN's average age of the receivables was (in days) : (Assume 360 days in a year)


A) 61 days.
B) 91 days.
C) 115 days.
D) 37 days.
E) None of these choices are correct.

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