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ABC Company has receivables balance of $222,000 and sales are $3,200,000. What is the receivables collection period? Select one: a. 25.32 days b. 35.67 days

ABC Company has receivables balance of $222,000 and sales are $3,200,000. What is the receivables collection period?

Select one:

a. 25.32 days

b. 35.67 days

c. 97.13 days

d. 65.52 days

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