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Problem 7-6 Average collection period [LO7-4] Oral Roberts Dental Supplies has annual sales of $5,200,000....

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Accounting

Problem 7-6 Average collection period [LO7-4]

Oral Roberts Dental Supplies has annual sales of $5,200,000. Ninety percent are on credit. The firm has $559,000 in accounts receivable. Compute the value of the average collection period. (Do not round intermediate calculations. Use a 360-day year.)

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