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Rickos Rickos
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6 years ago
If Challenge Corporation has sales of $2 million per year (all credit) and an average collection period of 35 days, what is its average amount of accounts receivable?
A) $191,781
B) $57,143
C) $5,556
D) $97,222
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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vanrheevanrhee
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6 years ago
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Rickos Author
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6 years ago
Brilliant ツ
asd454512
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
sweetalia
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2 hours ago
This site is awesome
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