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90% of Ridgewell Hotel's sales are made on credit. Sales were $506,945 last year and the hotel had an opening year accounts receivable balance of
90% of Ridgewell Hotel's sales are made on credit. Sales were $506,945 last year and the hotel had an opening year accounts receivable balance of $37,000, and a year-end accounts receivable balance of $43,000. Based on this information, what is the average amount of days of credit that the Ridgewell Hotel is extending to its credit customers?
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