Vitale, Baby!, Inc., has weekly credit sales of $20,000, and the average collection period is 35 days.
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Vitale, Baby!, Inc., has weekly credit sales of $20,000, and the average collection period is 35 days. The cost of production is 80 percent of the selling price. What is Vitale’s average accounts receivable figure?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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