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A major manufacturer bills $ 3 0 0 million worth of cellular equipment per year. The average amount and accounts receivable is $ 4 5

A major manufacturer bills $300 million worth of cellular equipment per year. The average amount and accounts receivable is $45 million. Determine how much time elapses from the time of customer is billed till the time payment is received.
.5 years
.15 years
.33 years
6.67 years

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