Question: Barneys Antique Shop has annual credit sales of $1,944,000 and an accounts receivable balance of $189,000. Calculate the average collection period. (Use a 360-day year.)

Barneys Antique Shop has annual credit sales of $1,944,000 and an accounts receivable balance of $189,000. Calculate the average collection period. (Use a 360-day year.) Average Collection Period__________Days

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