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13 Paramus, Inc., offers terms of 2/15, net 40. The discount is taken by 75 percent of customers. What is the company's average collection period?

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13 Paramus, Inc., offers terms of 2/15, net 40. The discount is taken by 75 percent of customers. What is the company's average collection period? Multiple Choice 27.50 days 24.38 days 17.18 days 21.25 days 20.02 days

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