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Sheffield Clothing Store had a balance in the Accounts Receivable account of $460000 at the beginning of the year and a balance of $490000 at

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Sheffield Clothing Store had a balance in the Accounts Receivable account of $460000 at the beginning of the year and a balance of $490000 at the end of the year. Net credit sales during the year amounted to $5937500. The average collection period of the receivables in terms of days was 30.1 days. 28.1 day5. 28.3 days. 365 days

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