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Home Q & A Board Other Fields Homework Help Business Accounting
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rbowen87 rbowen87
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9 months ago
Rawe Corporation’s accounts receivable at the end of Year 2 was $334,000 and its accounts receivable at the end of Year 1 was $286,000. Sales, all on account, amounted to $1,368,000 in Year 2. The company’s average collection period for Year 2 is closest to:(Round your intermediate calculations to 2 decimal places.)

▸ 76.3 days

▸ 89.1 days

▸ 82.8 days

▸ 4.4 days
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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daddyb1daddyb1
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rbowen87 Author
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9 months ago
Thanks for your help!!
derya1234
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Smart ... Thanks!
Jodias
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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