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Red Company has the following information: Net credit sales = $400,000 Net income = $100,000 Average total assets = $80,000 Average accounts receivable = $20,000

Red Company has the following information:

Net credit sales = $400,000

Net income = $100,000

Average total assets = $80,000

Average accounts receivable = $20,000

What is Red's average collection period (rounded to the nearest whole day)?

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