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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Return to the data in the preceding question. A year ago receivables stood at $67,400, and sales for the current year totaled $807,800. How many days did it take you to collect your average level of receivables?
a. 49 c. 29
b. 35 d. 26
What is the difference between accounts receivable and notes receivable?
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