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Data from Keniston Corporation's Most Recent Balance Sheet and Income

Question 40

Multiple Choice

Data from Keniston Corporation's most recent balance sheet and income statement appear below: Data from Keniston Corporation's most recent balance sheet and income statement appear below:   The average collection period for this year is closest to: (Round your intermediate calculations to 2 decimal places.)  A)  39.1 days B)  45.1 days C)  54.3 days D)  57.5 days The average collection period for this year is closest to: (Round your intermediate calculations to 2 decimal places.)


A) 39.1 days
B) 45.1 days
C) 54.3 days
D) 57.5 days

Correct Answer:

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