Question: During 2018 Kincolith Inc Kincolith reported revenue of 125 125 000 During
During 2018, Kincolith Inc. (Kincolith) reported revenue of $125,125,000. During 2018, the average collection period for accounts receivable was 47 days. Accounts receivable at the end of 2017 was 12 percent greater than at the end of 2018. What was Kincolith's accounts receivable at the end of 2017?
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