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Given an accounts receivable turnover of 10 and annual credit sales of $900,000, the average collection period is A. 90 days. B. 18.25 days. C.
Given an accounts receivable turnover of 10 and annual credit sales of $900,000, the average collection period is
| A. | 90 days. | |
| B. | 18.25 days. | |
| C. | 36.50 days. | |
| D. | 40.56 days |
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Financial Management For Nurse Managers Merging The Heart With The Dollar
Authors: J. Michael Leger
5th Edition
1284230937, 9781284230932
