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The Warren Company has provided the following information: Net sales totaled $750,000. Beginning net accounts receivable was $65,000. Ending net...

The Warren Company has provided the following information:

  • Net sales totaled $750,000.
  • Beginning net accounts receivable was $65,000.
  • Ending net accounts receivable was $85,000.

What was Warren's average collection period?

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Answer Warren's average... View the full answer

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Warren's Average... View the full answer

Average collection period The average collection period is the average number of days... View the full answer

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