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Data from Dunshee Corporation's Most Recent Balance Sheet Appear Below

Question 112

Multiple Choice

Data from Dunshee Corporation's most recent balance sheet appear below: Data from Dunshee Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,170 and the cost of goods sold was $730.The average collection period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.) A) 1.1 days B) 0.9 days C) 84.3 days D) 87.3 days Sales on account in Year 2 amounted to $1,170 and the cost of goods sold was $730.The average collection period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)


A) 1.1 days
B) 0.9 days
C) 84.3 days
D) 87.3 days

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