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Calculate days in accounts receivable

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Question - Calculate days in accounts receivable:

Gross accounts receivable as of 12/31/17 = $800,000

Gross billing for the year was $10,000,000

Applying the formula, what is days in AR as of 12/31/17.

Use the full year of 360 days in calculation average daily revenue needed to complete the calculation.

Reference no: EM132896248

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