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Sally's Tea Shop Total Sales $6,900,000 Percent on Credit 70% Accounts Receivable $700,000 Account Payable $300,000 What is Sally's Average Collection Period?

Sally's Tea Shop

Total Sales $6,900,000

Percent on Credit 70%

Accounts Receivable $700,000

Account Payable $300,000

What is Sally's Average Collection Period?

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