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Problem 7-10 Determination of credit sales (L07-4] Mervyn's Fine Fashions has an average collection period of 30 days. The accounts receivable balance is $63,000. What
Problem 7-10 Determination of credit sales (L07-4] Mervyn's Fine Fashions has an average collection period of 30 days. The accounts receivable balance is $63,000. What is the value of its annual credit sales? (Use a 360-day year.) Annual credit sales
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