Determining average collection period

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Billing's Pit corporation has an accounts receivable ratio of 3.4. What is Billing's Pit corporation average collection period?

1. 106 days

2. 102 Days

3. 73 days

4. 55 days

Reference no: EM13155373

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Determining average collection period : Billing's Pit corporation has an accounts receivable ratio of 3.4. What is Billing's Pit corporation average collection period?
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