Sabby Inc. has net credit sales of $2.4 million. Its opening accounts receivable is $545,000 and...
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Sabby Inc. has net credit sales of $2.4 million. Its opening accounts receivable is $545,000 and its ending accounts receivable is $525,000. What is the average collection period? 01. 02. 03. 04. O 81 days O 80 days O 82 days 83 days Sabby Inc. has net credit sales of $2.4 million. Its opening accounts receivable is $545,000 and its ending accounts receivable is $525,000. What is the average collection period? 01. 02. 03. 04. O 81 days O 80 days O 82 days 83 days
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Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
Posted Date:
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