Multiple Choice
If the collection period of a company is 30 days,and the average receivables are $83,000 what is the total amount of the credit sales? (Round any intermediary calculations to two decimal places and your final answer to the nearest dollar. )
A) $2,767
B) $6,822
C) $83,000
D) $1,009,835
Correct Answer:
Verified
Correct Answer:
Verified
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