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The financial statements of Clark & Powell report net credit sales of $4 million. Accounts receivable are $290,000 at the beginning of the year and

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The financial statements of Clark & Powell report net credit sales of $4 million. Accounts receivable are $290,000 at the beginning of the year and $250,000 at the end of the year. Calculate Clark & Powell's accounts receivable turnover and average collection period for accounts receivable in days

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