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Given the following information, what is the average collection period? Trade receivables $300,000 Revenue 2,500,000 A) 8.3 days B) 12 days C) 30.4 days D)
Given the following information, what is the average collection period? Trade receivables $300,000 Revenue 2,500,000
A) 8.3 days
B) 12 days
C) 30.4 days
D) 43.8 days
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Basic Finance An Introduction to Financial Institutions Investments and Management
Authors: Herbert B. Mayo
10th edition
1111820635, 978-1111820633
