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The Super Power Tool company has the following accounts receivables on its books: The firm has credit terms of 1/15, net 30. Construct an ageing

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The Super Power Tool company has the following accounts receivables on its books: The firm has credit terms of 1/15, net 30. Construct an ageing schedule using 15-day increments through to 60 days. 1) What percentage of Accounts Receivable dollar amount has 31-45 days outstanding? 7 (Give answer as a percentage to 2 decimal places)

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