March 1, 2017

Homework Help: college-Finance

Posted by meimei on Sunday, March 8, 2009 at 4:13am.

any help? thank you

Diazstar corporation sells on terms of 2/10, n/30. 70% of costumers normally avail of the discounts. annual sales are $900,000. 80% of which is made on credit. Cost is approximately 75% of sales.

1. average balance in accounts receivable.
2. average investment in accounts receivable.

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions