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A firm has sales of $1.5 million, and 20 percent of the sales are for cash. The year-end accounts receivable balance is $160,000. What is

image text in transcribed A firm has sales of $1.5 million, and 20 percent of the sales are for cash. The year-end accounts receivable balance is $160,000. What is the average collection period? (Use 365 days in a year. Do not round intermediate calculation. Round the final answer to the 1 decimal place.) Average collection period days

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