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Ratios: Average Collection Period (Days Sales Outstanding)
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Problem 1
Problem 2
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Problem 5
Problem 6
Problem 7
Problem 8
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Problem 10
Ratios: Average Collection Period (Days Sales Outstanding)
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14. Financial Statement Analysis / Ratios: Average Collection Period (Days Sales Outstanding) / Problem 7
Problem 7
If the beginning accounts receivable balance is \$50,000 and the ending balance is \$70,000, what is the average accounts receivable balance?
A
\$35,000
B
\$20,000
C
\$120,000
D
\$60,000
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