Multiple Choice
Financial statements for Marcial Company appear below:
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-Marcial Company's average collectionperiod (age of receivables) for Year 2 was closest to which of the following? Do not round intermediate calculations.
A) 24.6 days.
B) 30.2 days.
C) 35.2 days.
D) 43.2 days.
Correct Answer:
Verified
Correct Answer:
Verified
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