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What is the average investment in receivables

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Reference no: EM132953536

Problem 1: Manpreet Limo Corp. has an average collection period of 36.5 days. Sales are $300,001. What is the average investment in receivables?

Reference no: EM132953536

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What is the average investment in receivables : Manpreet Limo Corp. has an average collection period of 36.5 days. Sales are $300,001. What is the average investment in receivables?
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