Oral Roberts Dental Supplies has annual sales of $5,200,000. Ninety percent are on credit. The firm has

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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.

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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Question Posted: Oct 14, 2014 06:36 AM

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Oral Roberts Dental Supplies has annual sales of $5,200,000. Ninety percent are on credit. The firm has

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Foundations of Financial Management

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