Orall Corporation sells its goods on terms of (2 / 10, n / 30). It has an

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Orall Corporation sells its goods on terms of $2 / 10, n / 30$. It has an accounts receivable turnover of 7.

What is its average collection period (days)?

(a) 2,555

(c) 52

(b) 30

(d) 210

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Financial Accounting Tools For Business Decision Making

ISBN: 9781119316022

8th Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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Question Posted: Jun 24, 2024 01:06 AM

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Orall Corporation sells its goods on terms of (2 / 10, n / 30). It has an

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Financial Accounting Tools For Business Decision Making

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