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Assume a company whose sales are all on account provided the following information Assume a company whose sales are all on account provided the following

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Assume a company whose sales are all on account provided the following information

Assume a company whose sales are all on account provided the following information: $ 2, $ 30, $ l, Gross margin percentage Cost of goods sold Accounts receivable balance, beginning Of the year Accounts receivable balance, end of the year Net income The average collection period is closest to: $ 3,

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