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Assume a company had sales on account of $100.000 and its beginning and ending balances in accounts receivable were $12,000 and $8,000, respectively. In addition,

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Assume a company had sales on account of $100.000 and its beginning and ending balances in accounts receivable were $12,000 and $8,000, respectively. In addition, its cost of goods sold was $80,000 and its beginning and ending Inventory balances were $10,000 and $14,000, respectively. The average sale period is closest to: Multiple Choice D 36,50 days 45.75 days 48.50 days 5475 days

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