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Which two steps do you take in calculating the average collections period? Select an answer: Calculate average open accounts, then divide by 3 6 5

Which two steps do you take in calculating the average collections period?
Select an answer:
Calculate average open accounts, then divide by 365.
Calculate inventory turnover, then divide that into 365.
Calculate accounts receivable turnover, then divide by 365.
Calculate accounts receivable turnover, then divide by 12.

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