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Skye Flyer, Incorporated, has weekly credit sales of $17,000, and the average collection period is 25 days. What is the average accounts receivable figure?

Skye Flyer, Incorporated, has weekly credit sales of $17,000, and the average collection period is 25 days. What is the average accounts receivable figure? Multiple Choice $47,964.29 $58,892.86 $62,535.71 $60,714.29 $76,853.53

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