The financial statements of Oriole Manufacturing Company report net sales of $ 620500 and accounts receivable...
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The financial statements of Oriole Manufacturing Company report net sales of $ 620500 and accounts receivable of $82000 and $ 54000 at the beginning and end of the year, respectively. What is the average collection period for accounts receivable in days? The financial statements of Oriole Manufacturing Company report net sales of $ 620500 and accounts receivable of $82000 and $ 54000 at the beginning and end of the year, respectively. What is the average collection period for accounts receivable in days?
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Related Book For
Understanding Financial Accounting
ISBN: 978-1118849385
1st Canadian Edition
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
Posted Date:
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