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The average collection period of the receivables in terms of days was

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Hickory Hills Pro Shop had a balance in the Accounts Receivable account of $800,000 at the beginning of the year and a balance of $900,000 at the end of the year. Net credit sales during the year amounted to $7,310,000. The average collection period of the receivables in terms of days was

 

Paper#25756 | Written in 18-Jul-2015

Price : $27
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