Return to the data in the preceding question. A year ago receivables stood at ($ 70,000), and

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Return to the data in the preceding question. A year ago receivables stood at $\$ 70,000$, and sales for the current year total $\$ 730,000$. How many days did it take you to collect your average level of receivables?

a. 45

b. 35

c. 30

d. 20

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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Question Posted: May 10, 2024 04:02 AM

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Return to the data in the preceding question. A year ago receivables stood at ($ 70,000), and

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Accounting

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