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Pet Products, Inc. has an Average Collection Period (ACP) of 33 days. Its average daily investment in Accounts Receivable is $42,300. Assume a 360-day year,

Pet Products, Inc. has an Average Collection Period (ACP) of 33 days. Its average daily investment in Accounts Receivable is $42,300. Assume a 360-day year, as is used in our WCM textbook. Based on this information, please answer the following questions

What are Pet Products, Inc.s annual credit sales?

What is the firms Accounts Receivable Turnover?

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