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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 average collection
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 average collection period. (Use 360 days in a year.) Average collection period days
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