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3. Calculating the Average Collection Period [LO2] Boom Lay Corp. has a current accounts receivable balance of $327.815. Credit sales for the year just ended

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3. Calculating the Average Collection Period [LO2] Boom Lay Corp. has a current accounts receivable balance of $327.815. Credit sales for the year just ended were $4.238.720. What is the receivables turnover? The days' sales in receivables? How long did it take on average for credit customers to pay off their accounts during the past year

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