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8 Eastlake's has an average collection period of 25 days. Its average daily investment in accounts receivables is $43,566. What are its annual credit sales?
8 Eastlake's has an average collection period of 25 days. Its average daily investment in accounts receivables is $43,566. What are its annual credit sales? Assume a 365-day year. Multiple Choice O $530,053 $636,064 $522,792 $512,955 $505,928
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