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2 . 4 6 pts The financial statements of the Acme Manufacturing Supply Company report net credit sales of $ 3 6 0 , 0

2.46 pts
The financial statements of the Acme Manufacturing Supply Company report net credit sales of $360,000 and net accounts receivable of $50,000 and $30,000 at the beginning of the year and the end of the year, respectively. What is the average collection period for accounts receivable in days?
30.4
40.6
50.7
81.1
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