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Kyoto Joe, Incorporated, sells earnings forecasts for Japanese securities . Its credit terms are 3 / 2 0 , net 4 0 . Based on
Kyoto Joe, Incorporated, sells earnings forecasts for Japanese securities Its credit terms are net Based on experience, percent of all customers will take the discount. Assume days per year.
What is the average collection period?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, eg
If the company sells forecasts every month at a price of $ each, what is its average daily balance sheet amount in accounts receivable?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
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