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Problem 7-5 Average collection period [LO7-4] Thompson Wood Products has credit sales of $2,340,000 and accounts receivable of $468,000. Compute the value of the average

Problem 7-5 Average collection period [LO7-4] Thompson Wood Products has credit sales of $2,340,000 and accounts receivable of $468,000. Compute the value of the average collection period. (Use a 360-day year.) days Average collection period

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