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Determine net sales

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Question - The current asset section of the Moorcroft Outboard Motor Company's balance sheet reported the following amounts:

12/31/2021 12/31/2020

Accounts receivable, net $420,000 $320,000

The average collection period for 2021 is 50 days.

Required - Determine net sales for 2021.

Reference no: EM132669764

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