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If Creditors' Payment Terms Are 60 Days,financing Period Is 20

Question 30

Multiple Choice

If creditors' payment terms are 60 days,financing period is 20 days,and it takes 30 days to collect the amount from customers.What time does it take to sell the inventory?


A) 60 days.
B) 20 days.
C) 30 days.
D) 50 days.

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