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Multiple Choice Question 185 In the table below the information for four companies is provided. Company Accounts Receivable Average collection period turnover 13.90 26.70 Pharoah
Multiple Choice Question 185 In the table below the information for four companies is provided. Company Accounts Receivable Average collection period turnover 13.90 26.70 Pharoah 12.80 26.85 Lewis 10.90 35.90 Danforth 14.20 25.15 Concord 12.00 26.60 Industry Average If Concord's net credit sales are $653200, what are its average net accounts receivable? $46000 O $92754 O $164229 O $25475
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