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a company has the following financial information: opening trade receivables: 4 cash sales: 5 credit sales: 45 cost of goods sold: 30 closing trade receivables:
a company has the following financial information:
opening trade receivables: 4
cash sales: 5
credit sales: 45
cost of goods sold: 30
closing trade receivables: 6
what is the average settlement period for trade receivables?
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