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29 q Useful Links Mal or bution The income statement and balance sheet for Dr Limited are Income Statement (5000) Sales 861 Cost of goods
29 q
Useful Links Mal or bution The income statement and balance sheet for Dr Limited are Income Statement (5000) Sales 861 Cost of goods sold 381 Operating expenses 193 Interest expense 57 Tax 59 Net profit 171 Balance Sheet ($000) Cash 50 185 69 416 720 Accounts receivable Inventory Net fixed assets Total assets Current liabilities Long-term debt Total liabilities Shareholders' equity 190 195 385 335 The average collection period for Drewqa Limited is: a. 66.10 days b. 78.43 days O c. 4.65 days d. 1.97 days Step by Step Solution
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