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Juicy Fruit Inc. sells apples. Its credit terms are 2/10, net 40. Based on experience, 50 percent of all customers will take the discount. Calculate
Juicy Fruit Inc. sells apples. Its credit terms are 2/10, net 40. Based on experience, 50 percent of all customers will take the discount. Calculate the average collection period for Osaka. If Osaka sells 1 million apples every month at a price of $0.2 each, what is its average balance sheet amount in its accounts receivable?
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