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Home / Questions / Dome Metals has credit sales of $144000 yearly with credit terms of net 30 days which is a...

Dome Metals has credit sales of $144000 yearly with credit terms of net 30 days which is also the average collection period Dome does not offer a discount for early payment so its customers take

Dome Metals has credit sales of $144,000 yearly with credit terms of net 30 days, which is also the average collection period. Dome does not offer a discount for early payment, so its customers take the full 30 days to pay. What is the average receivables balance? Receivables turnover?

Apr 23 2020 View more View Less

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