Calculate average collection period of a company

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You are required to calculate average collection period of a company that reported average receivables of $560,000 recently. Sales on credit were $3,000,000; assume 365 days in a year for your calculation.

Reference no: EM133117078

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Calculate average collection period of a company : You are required to calculate average collection period of a company that reported average receivables of $560,000 recently. Sales on credit were $3,000,000; as
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