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Tomlin Ltd's Accounts Receivable for Year Ended 31 December 2019

Question 27

Multiple Choice

Tomlin Ltd's accounts receivable for year ended 31 December 2019 was $200 000. The number of days in receivables was 146 days. What were the credit sales for the year?


A) $80 000
B) $300 000
C) $500 000
D) This cannot be determined from the information provided

Correct Answer:

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