[Solved] moneysmart annual credit sale was 1.2 mil

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moneysmart annual credit sale was 1.2 million. the company offer a term of sales of 2/15, net 40 to its customers. 30% of its customer

moneysmart annual credit sale was 1.2 million. the company offer a term of sales of 2/15, net 40 to its customers. 30% of its customer take the cash discount offer. the company operate 365 days in a year. find the average collection period

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