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Arturiano [62]
3 years ago
11

The Anthony Company normally takes 30 days to pay for its average daily credit purchases of $2,000. It has average daily sales o

f $3,000, and collects accounts in 25 days. What is its net credit position
Business
1 answer:
Whitepunk [10]3 years ago
7 0

Answer:

The answer is "15000".

Explanation:

Receivable account =3000\times 25 =75000\\\\

Payable account = 2000\times 30=60000\\\\

Calculating the net credit position =Receivable account - Payable account  

                                                         =75000-60000\\\\=15000                                    

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