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A business made sales of $560,000 during the year ending March 31st, 2018, of which 30% were paid in cash. The trade debtors on March
A business made sales of $560,000 during the year ending March 31st, 2018, of which 30% were paid in cash. The trade debtors on March 31st, 2018 were $52,000 and on March 31st, 2019 they were $56,000. Calculate the debtors' collection period based on average debtors
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