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Rawe Corporation's accounts receivable at the end of Year 2 was $331,000 and its accounts receivable at the end of Year 1 was $283,00 Sales,
Rawe Corporation's accounts receivable at the end of Year 2 was $331,000 and its accounts receivable at the end of Year 1 was $283,00 Sales, all on account, amounted to $1,359,000 in Year 2 . The company's average collection period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice 4.4 days 88.9 days 76.0 days 82.4 days
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