Amanda's interior Design has credit sales of $783,000, costs of goods sold of $418,000 and average accounts
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Question:
Amanda's interior Design has credit sales of $783,000, costs of goods sold of $418,000 and average accounts receivable of $107,900. How long does it take its credit customers to pay for their purchases?
A. 36.09 days
B. 50.30 days
C. 31.23 days
D. 35.20 days
E. 27.95 days
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