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5. Randy's Meat Market has a 46-day collection period. The amount of cash that Randy collects each quarter is equal to: 46% of last quarter
5. Randy's Meat Market has a 46-day collection period. The amount of cash that Randy collects each quarter is equal to: 46% of last quarter sales plus 54% of this quarter sales. b. 46 days of sales from last quarter plus 54 days of sales from this quarter this quarter. c. 44 days of sales from last quarter plus 46 days o sales from this quarter days of sales from last quarter plus 46 days of d. 54% of last quarter sales plus 46% of this quarter sales
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