Mr. Huskers Tuxedos Corp. ended the year 2021 with an average collection period of 32 days. The
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Mr. Husker’s Tuxedos Corp. ended the year 2021 with an average collection period of 32 days. The firm’s credit sales for 2021 were $56.1 million. What is the year-end 2021 balance in accounts receivable for Mr. Husker’s Tuxedos?
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Related Book For
Finance Applications And Theory
ISBN: 9781260013986
5th Edition
Authors: Marcia Cornett, Troy Adair, John Nofsinger
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