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chapter 8 quiz 7 uestion 7 of 10 lew Policies how Attempt History current Attempt in Progress Suppose the 2025 financial statements of 3M Company
chapter 8 quiz 7
uestion 7 of 10 lew Policies how Attempt History current Attempt in Progress Suppose the 2025 financial statements of 3M Company report credit sales of $23.10 billion. Accounts receivable (net) are $3.20 billion at the beginning of the year and $3,40 billion at the end of the year. (a1) Compute 3M's accounts receivable turnover, (Round answer to 1 decimal place, e.s. 12.5.) Compute 3M's average collection period for accounts receivable in days. (Round answer to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Average collection period days Step by Step Solution
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