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.m A company has an inventory of $ 73,000, debtors of $ 45,000 and inventory turnover of 6 times. The Gross profit margin of the

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A company has an inventory of $ 73,000, debtors of $ 45,000 and inventory turnover of 6 times. The Gross profit margin of the company is 20% and its credit sales are 40% of the total sales. Calculate the average collection period

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