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Oral Roberts Dental Supplies has annual sales of $8,220,000. Sixty percent are on credit. The firm has $685,000 in accounts receivable. Compute the value of
Oral Roberts Dental Supplies has annual sales of $8,220,000. Sixty percent are on credit. The firm has $685,000 in accounts receivable. Compute the value of the average collection period. (Use a 360-Day year)
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