Credit period to customer of a company is 30 days. Its credit collection would be poor if its average collection period is :
A. 36 Days
B. 28 Days
C. 20 Days
D. 15 Days
Answer:A
Credit period to customer of a company is 30 days. Its credit collection would be poor if its average collection period is :
A. 36 Days B. 28 Days C. 20 Days D. 15 Days