Multiple Choice
Gallego & Co. reported sales of $525,000; beginning net Accounts Receivable of $207,000 and ending net Accounts Receivable of $224,000. Gallego & Co.'s receivable collection period (rounded to the nearest day) is:
A) 300.
B) 156.
C) 590.
D) 150.
Correct Answer:
Verified
Correct Answer:
Verified
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