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Ribaudo Corporation Has Provided the Following Financial Data from Its

Question 227

Multiple Choice

Ribaudo Corporation has provided the following financial data from its balance sheet and income statement: Ribaudo Corporation has provided the following financial data from its balance sheet and income statement: The company's average collection period (age of receivables) for Year 2 is closest to: A) 70.1 days B) 1.1 days C) 72.1 days D) 1.0 days The company's average collection period (age of receivables) for Year 2 is closest to:


A) 70.1 days
B) 1.1 days
C) 72.1 days
D) 1.0 days

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