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What is daily balance sheet amount in accounts receivable

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Reference no: EM132558221

Company sells earnings forecast of Risk bourne. Its credit term at 3/10 net 50. based on experience 74 percent all customers will take the discount. What is the average collection period?

If the company sells 2,280 each month at a price of $3, 380 each what is daily balance sheet amount in accounts receivable?

Reference no: EM132558221

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