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    Receivables

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    A firm has outstanding receivables of $125,000. Its credit terms are net 30. If during the past three months credit sales are $100,000, $105,000, and $60,000, how many days of sales are outstanding as receivables?

    © BrainMass Inc. brainmass.com October 9, 2019, 11:49 pm ad1c9bdddf
    https://brainmass.com/economics/finance/receivables-outstanding-credit-268982

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    Receivables are calculated.

    $2.19