Your company had net sales of $100,000 over the past year. During that time average receivables were

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Your company had net sales of $100,000 over the past year. During that time average receivables were 20,000. calculate what was the average collection period?

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Introduction to Finance Markets Investments and Financial Management

ISBN: 978-1118492673

15th edition

Authors: Melicher Ronald, Norton Edgar

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Posted Date: Mar 16, 2023 03:45 AM

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Your company had net sales of $100,000 over the past year. During that time average receivables were

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The formula for calculating the average collection peri... View the full answer

Introduction to Finance Markets Investments and Financial Management

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