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Prall Corporation sells its goods on terms of 2/10, 1/30. It has a receivables turnover ratio of 7.00. What is its average collection period (days)?

Prall Corporation sells its goods on terms of 2/10, 1/30. It has a receivables turnover ratio of 7.00. What is its average collection period (days)? O 2 days O 2.555 days 52 days O 30 days

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