Use the information below to answer this question.
...Use the information below to answer this question.
\(\begin{array}{c|c} \text{Stock} & 11,250 \\ \hline \text{Debtors} & 18,750 \\ \hline \text{Creditors} & 3,750 \\ \hline \text{Bank} & 4,000 \\ \hline \text{Net profit} & 7,500 \\ \hline \text{Net} & 60,000 \\ \end{array}\)
Determine the debtors collection period
114 days
68 days
37 days
41 days
Correct answer is A
No explanation has been provided for this answer.
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