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Darlas Cosmetics has annual credit sales of $1,350,000 and an average collection period of 40 days in 2008. What is the companys average accounts receivable
Darlas Cosmetics has annual credit sales of $1,350,000 and an average collection period of 40 days in 2008.
| What is the companys average accounts receivable balance? (Use a 360-day year.) |
| Average accounts receivable balance | $ |
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Derivative Products And Pricing The Das Swaps And Financial Derivatives Library
Authors: Satyajit Das
1st Edition
0470821647, 9780470821640
