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A firm has sales of $26 million, and 20 percent of the sales are for cash. The year-end accounts receivable balance is $160,000, What is

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A firm has sales of $26 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 a 360-day year. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Average collection period days

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