Knight Roundtable Co. Had Annual Credit Sales Of $792,000 And An Average Collection Period Of 40 Days In 2018. What Were The Company's Average Accounts Receivable Balance? (Use A 360-day Year.) Average Accounts Receivable Balance
Knight Roundtable Co. had annual credit sales of $792,000 and an average collection period of 40 days in 2018. What were the company's average accounts receivable balance? (Use a 360-day year.) Average accounts receivable balance