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Average collection period

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MICROLIMP'S account receiveables total $4,000,000 on annual sales of $400 million. What is the companys average collection period?

© BrainMass Inc. brainmass.com September 24, 2018, 1:18 pm ad1c9bdddf - https://brainmass.com/economics/finance/average-collection-period-microlimps-85181

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Average collection period, is the ratio of accounts receivables to ...

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Average collection period is defined.

$2.19