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By the year Ending 12/31/2019, ABC Corporation's Balance Sheet & Income Statements show the following details 1. Net Credit Sales = $ 450,000 2. Account

By the year Ending 12/31/2019, ABC Corporation's Balance Sheet & Income Statements show the following details

1. Net Credit Sales = $ 450,000

2. Account Receivable = $ 50,000

This means on Avg the Collection Period (ACP) is about =

50 days

30 days

45 Days

28 days

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