The Rye Corporation has provided the following information: Total sales were $1,270,000 Beginning net accounts...
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The Rye Corporation has provided the following information: Total sales were $1,270,000 Beginning net accounts receivable was $52,000 Ending net accounts receivable was $61,500 Sales returns and allowances totaled $114,000. What was Rye's average collection period? (Use 365 days a year. Do not round intermediate calculations.) 16 31 days O 35.84 days O 1768 deys O 1792 days
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