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Black Guard Security has annual sales of $345,000 and a collection period of 19.48 days. What is the company's average balance in accounts receivable? Assume

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Black Guard Security has annual sales of $345,000 and a collection period of 19.48 days. What is the company's average balance in accounts receivable? Assume 365 days per year. Multiple Choice 37 $19,026 36 $18,06154 $17,710.42 $17,204.46 $18.412.00 Help Save & EX Cat Supplies offers terms of 2/15, net 40. The discount is taken by 78 percent of customers. What is the company's average collection period? Multiple Choice 09:35 2400 days 20.50 day 1780 day 2750 days 1927 days

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