Sabby Inc. has net credit sales of $2.4 million. Its opening accounts receivable is $545,000 and its
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Question:
- Sabby Inc. has net credit sales of $2.4 million. Its opening accounts receivable is $545,000 and its ending accounts receivable is $525,000. What is the average collection period?
- 81 days
- 83 days
- 80 days
- 82 days
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