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  3. acme supply had net credit sales of $624,000 durin

Acme Supply had net credit sales of $624,000 during 2025. Its beginning net accounts receivable...

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Accounting

Acme Supply had net credit sales of $624,000 during 2025. Its beginning net accounts receivable balance was $24,900, and the ending was $25,500.

a. Calculate accounts receivable turnover.

b. Calculate the average collection period.

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