Mariota's has annual sales of $586,500 and cost of goods sold of $381,225. The beginning...
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Mariota's has annual sales of $586,500 and cost of goods sold of $381,225. The beginning accounts receivable was $46,100 and the ending receivables is $54,400. How many days on average does it take the company to collect its accounts receivable? Assume 365 days per year.
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