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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. 97.13 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. 97.13 days
c. 35.67 days
d. 65.52 days

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