The Average Collection Period is calculated as:
Average Collection Period=Trade Receivables Turnover Ratio365=8.18365=44.62 days≈45 days
Calculate Average Collection Period.
CUET UG 2024 — Accountancy Financial Statements
2024mcqeasy
Calculate Average Collection Period.
Official previous-year question
Verified 13 Jul 2026.
Options
- A
30 days
- B
60 days
- C
45 days
- D
15 days
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