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The Coca-Cola Companys receivables turnover ratio was 9.90 in 2006, and its average amount of net receivables

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The Coca-Cola Company’s receivables turnover ratio was 9.90 in 2006, and its average amount of net receivables during the period was $2,434 million. What is the amount of its net credit sales for the period? What is the average collection period in days?

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