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Find what is the average collection period

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Reference no: EM133009739

Problem 1: A firm has accounts receivable at the start of year of $5,415. Sales for the year were $14,973. What is the average collection period?

Problem 2: What is the IRR for a project costing $40,000 and returning $25,000 annually for 2 years?

Reference no: EM133009739

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