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Knowledge Check u Net credit sales for Turner Company are $200,000 for the year and the average accounts receivable balance is $20,000. What is
Knowledge Check u Net credit sales for Turner Company are $200,000 for the year and the average accounts receivable balance is $20,000. What is the company's average collection period? (Use 365 days in a year.) Multiple Choice 5 days 36.5 days 54.8 days 548 days D
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