A firm has sales of $1.3 million, and 15 percent of the sales are for cash. The

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A firm has sales of $1.3 million, and 15 percent of the sales are for cash. The year-end accounts receivable balance is $150,000. What is the average collection period? (Use a 360-day year. Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Average Collection Period ___________ Days