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Harrison Harrison
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6 years ago
A company with net sales of $500,000, a beginning balance of net receivables of $80,000, and an ending balance of net receivables of $90,000 has a collection period of:
A) 197 days
B) 62 days
C) 54 days
D) 6 days
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
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