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with solution please Apollo Company reports the following information in its statement of financial position on December 31, 2021: Year 2021 Year 2020 Year 2019
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Apollo Company reports the following information in its statement of financial position on December 31, 2021: Year 2021 Year 2020 Year 2019 P2,500,000 P 2,050,000 P 1,900,000 Net Sales Accounts Receivable, Ending Balance 175,000 167,000 165,000 The average collection period on Year 2021 is Use number of days in a year as 360 days. O 28 days rounded O Cannot be determined. o 25 days(rounded) O 30 days (rounded)Step by Step Solution
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