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Last year, a company had net income of $6,000. If the company's net profit margin was 6% and its collection period was 45 days, what
Last year, a company had net income of $6,000.
If the company's net profit margin was 6% and its collection period was 45 days, what was the company's balance of accounts receivable?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
8th Edition
0324259700, 978-0324259704
