Question: Question 25 (3 points) Based on the following information, determine the average receivables that were outstanding: Net sales = $575,000 = Sale-to-cash conversion period =

Question 25 (3 points) Based on the following information, determine the

Question 25 (3 points) Based on the following information, determine the average receivables that were outstanding: Net sales = $575,000 = Sale-to-cash conversion period = 57.1 days Purchase-to-payment conversion period = 76.8 days = COGS = $380,000 =

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