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The Following Balance Sheet Information Was Provided by Warner Company

Question 89

Multiple Choice

The following balance sheet information was provided by Warner Company:
Assume 2015 net credit sales totaled $150,000.The company's average days to collect receivables is closest to: The following balance sheet information was provided by Warner Company: Assume 2015 net credit sales totaled $150,000.The company's average days to collect receivables is closest to: A) 9 days B) 44 days C) 71 days D) 40 days


A) 9 days
B) 44 days
C) 71 days
D) 40 days

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