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Mariota's has annual sales of Php509,100 and cost of goods sold of Php330,915. The beginning accounts receivable was Php44,300 and the ending receivables is Php49,000.
Mariota's has annual sales of Php509,100 and cost of goods sold of Php330,915. The beginning accounts receivable was Php44,300 and the ending receivables is Php49,000. How many days on average does it take the company to collect its accounts receivable? Assume 365 days per year
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