The firms annual credit sales are

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Reference no: EM131082940

A firm with an average collection period of 35 days has an average investment of $70,000 in Accounts Receivable. Assuming a 365-day year, the firm's annual credit sales are -

A. $2,000

B. $730,000

C. $2,450,000

D. Cannot determine with given information

Reference no: EM131082940

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