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Bates Inc. has sales of $1,284,000 and outstanding accounts receivable of $166,000. How many days are receivables outstanding if there are 360 days in the
Bates Inc. has sales of $1,284,000 and outstanding accounts receivable of $166,000. How many days are receivables outstanding if there are 360 days in the year?
A-15.5 days
B-19.3 days
C-44.1 days
D-46.5 days
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