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QUESTION 11 Susie's Sweets Candy Shop had a balance in the Accounts Receivable account of $780,000 at the beginning of the year and a
QUESTION 11 Susie's Sweets Candy Shop had a balance in the Accounts Receivable account of $780,000 at the beginning of the year and a balance of $820,000 at the end of the year. Net credit sales during the year amounted to $5,840,000. The average collection period of the receivables in terms of days was: O a. 50 days. O b. 365 days. O c. 100 days. O d. 30 days. B
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