Valdez Company reported sales of $343,000; beginning with net Accounts Receivable of $89,000 and ending net Accounts

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Question:

Valdez Company reported sales of $343,000; beginning with net Accounts Receivable of $89,000 and ending net Accounts Receivable of $111,000. Valdez Company's receivable collection period(rounded to the nearest day) is: (Use a 365-day year for computations.)

A. 118.

B. 95.

C. 106.

D. 79