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A firm has sales of $ 2 . 5 million, and 1 5 percent of the sales are for cash. The year end accounts receivable
A firm has sales of $ million, and percent of the sales are for cash. The year end accounts receivable balance is $
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What is the average collection period? Use days in a year. Do not round intermedinte calculation. Round the final answer to the decimal place.
Average collection period
days
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