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Benton, Inc., has an average collection period of 24 days. Its average daily investment in receivables is $49,300. What are annual credit sales? What is

Benton, Inc., has an average collection period of 24 days. Its average daily investment in receivables is $49,300. What are annual credit sales? What is the receivables turnover? Assume 365 days per year.

Benton. Inc., has an average collection neriod of 24 dave Ite average daily t is the

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