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Question - During the year Bramble reported net sales of $948000. The company had accounts receivable of $75000 at the beginning of the year and $120000 at the end of the year. Compute Bramble's average collection period (assume 365 days a year.)
a. 46.3 days.
b. 37.6 days.
c. 75 days.
d. 28.9 days
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