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    If a Small Company Has Average Daily Sales of $5,000
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If a Small Company Has Average Daily Sales of $5,000

Question 18

Question 18

Multiple Choice

If a small company has average daily sales of $5,000 and accounts receivable of $150,000, what is the average days of accounts receivable?


A) 30 days
B) 3.3 days
C) $5,000/month
D) 33.3 days

Correct Answer:

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