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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
3.       Calculating the Average Collection Period   Boom Lay Corp. has a current accounts receivable balance of $327,815. Credit sales for the year just ended were
$4,238,720. What is the receivables turnover? The days’ sales in receivables? How long did it take on average for credit customers to pay off their accounts during the past year?
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