A firm has sales of $1.2 million. and 10 percent of the sales are for...
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Accounting
A firm has sales of $1.2 million. and 10 percent of the sales are for cash. The year-end accounts receivable balance is $360,000.:
What is the average collection period? (Use 365 days in a year. Round the final answer ta I decimal place.) Average collection periods( days
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