Business
Business, 09.12.2021 17:00, cordobamariana07

Assume a company whose sales are all on account provided the following information: Gross margin percentage 40% Cost of goods sold $ 300,000 Accounts receivable balance, beginning of the year $ 20,000 Accounts receivable balance, end of the year $ 30,000 Net income $ 10,000 The average collection period is closest to:

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Assume a company whose sales are all on account provided the following information: Gross margin per...

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