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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
On March 31, a restaurant reported credit card sales revenue of $48,560. Credit card receivables began with a balance of $1,444 and ended the month with a balance of $1,220. Answer the following:
a. What is the average of credit card receivables?
b. What does credit card receivables represent as a percentage of total credit card sales revenue?
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