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I need help with this question average collection period? A firm's balance sheet showed an accounts receivable of $73,400 during the year. Their average collection

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average collection period? A firm's balance sheet showed an accounts receivable of $73,400 during the year. Their average collection period was 60 days. What was their total sales if 63% of their sales were credit sales? (Hint: Find daily credit sales first.) 7 11/2/2017 1

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