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Home Q & A Board Other Fields Homework Help Business Accounting
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lollie614 lollie614
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A year ago

Data from Dalpiaz Corporation's most recent balance sheet and income statement appear below:

This YearLast Year
Accounts receivable, net$ 104,000$ 114,000
Inventory$ 157,000$ 165,000
Sales on account$ 647,000
Cost of goods sold$ 438,000

Required:

Compute the average collection period for this year:

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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billykrabillykra
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A year ago
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lollie614 Author
wrote...

A year ago
Good timing, thanks!
acaruso
wrote...

Yesterday
this is exactly what I needed
halyna
wrote...

2 hours ago
Brilliant ツ
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