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Assume the following data: Sales = 3200; Cost of goods sold = 1600; Average receivables = 200. Calculate the average collection period. Select one: a.
Assume the following data: Sales = 3200; Cost of goods sold = 1600; Average receivables = 200. Calculate the average collection period. Select one: a. 22.8 b. 45.6 c. 24.3 d. 137
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