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(Percentage of sales ? spontaneous accounts) In the past , a company?s collection period has been 45 days. Using the percentage ? of sales ?

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(Percentage of sales ? spontaneous accounts) In the past , a company?s collection period has been 45 days. Using the percentage ? of sales ? method, determine the end-of ?coming-year level of accounts receivable that would accompany the following sales levels if accounts receivable were a spontaneous asset: (a) $200000 (b) $ 400000 (d) $ 1,600 000

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