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Problem 7-9 Credit policy (L07-4) Barney's Antique Shop has annual credit sales of $1,872,000 and an accounts receivable balance of $234,000. Calculate the average collection
Problem 7-9 Credit policy (L07-4) Barney's Antique Shop has annual credit sales of $1,872,000 and an accounts receivable balance of $234,000. Calculate the average collection period. (Use a 360-day year.) Average collection period days
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