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Answer the following. a. b. A firm has accounts receivable of $150,000. During the year total sales are $500,000, of which $300,000 are cash sales.
Answer the following.
a.
b.
A firm has accounts receivable of $150,000. During the year total sales are $500,000, of which $300,000 are cash sales. What is the average collection period? O A. 109.5 days O B. 273.8 days O C. 182.5 days O D. 486.7 days O E. None of the above
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The Compensation Committee Handbook
Authors: James F. Reda, Stewart Reifler, Michael L. Stevens
4th Edition
1118370619, 978-1118370612
