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Shown below are the financial statements for the Browne Corporation: Compare Browne's 20x2 days'-sales-in-receivables (round to the closest devil to their credit terms of 2/10,
Shown below are the financial statements for the Browne Corporation: Compare Browne's 20x2 days'-sales-in-receivables (round to the closest devil to their credit terms of 2/10, n/30 select the most accurate statement. Days' sales in account receivable equals 17 days, which is too high compared to the 10 day discount period. Days' sales in account receivable equals 18 days, which is too low compared to their terms of n/30 days. Days' sales in accounts receivable equals 18 which compares very favorably to their credit terms. Days' sales in accounts receivable equals 21, which is too high compared to the 10-day discount period
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