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Compute Bramble average collection period

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Question - During the year Bramble reported net sales of $948000. The company had accounts receivable of $75000 at the beginning of the year and $120000 at the end of the year. Compute Bramble's average collection period (assume 365 days a year.)

a. 46.3 days.

b. 37.6 days.

c. 75 days.

d. 28.9 days

Reference no: EM132559895

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