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Rangala Corp sells on terms that allow customers 30 days to pay for merchandise. Its sales last year were $400,000, and its year-end receivables were
Rangala Corp sells on terms that allow customers 30 days to pay for merchandise. Its sales last year were $400,000, and its year-end receivables were $46,238. By how many days are customers paying late? Select one: O a. 7.25 O b. 7.50 c. 10.19 O d. 12.19
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