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If the collection period of a company is 60 days, and the average receivables are $86,000 what is the total amount of the credit sales?
If the collection period of a company is 60 days, and the average receivables are $86,000 what is the total amount of the credit sales? (Round any intermediary calculations to two decimal places and your final answer to the nearest dollar.) O A. $14,137 O B. $86,000 OC. $1,433 OD. $523,165
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