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A company has a gross profit ratio of 60%. The trade receivables collection period for the company has been calculated at 72 days. If the

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A company has a gross profit ratio of 60%. The trade receivables collection period for the company has been calculated at 72 days. If the actual gross profit earned was 600,000, what were the trade receivables? Select one answer: O 197,260 O 71,014 O 118,356 295,890

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