12. Net sales total $803,000. Beginning and ending accounts receivable are $80,000 and $74,000, respectively. Calculate receivables...

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12. Net sales total $803,000. Beginning and ending accounts receivable are $80,000 and

$74,000, respectively. Calculate receivables collection period.

a. 10 days

c. 34 days

b. 35 days

d. 36 days

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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Question Posted: Jul 25, 2024 09:01 AM

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12. Net sales total $803,000. Beginning and ending accounts receivable are $80,000 and $74,000, respectively. Calculate receivables...

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Financial Accounting International Financial Reporting Standards Global Edition

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