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Oral Roberts Dental Supplies has annual sales of $6,255,000. Eighty percent are on credit. The firm has $722,800 in accounts receivable. Compute the value of
Oral Roberts Dental Supplies has annual sales of $6,255,000. Eighty percent are on credit. The firm has $722,800 in accounts receivable. |
Compute the value of the average collection period. (Do not round intermediate calculations. Use a 360-day year.) |
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