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Size of Accounts Receivable The Bates Corporation has annual credit sales of $312 million The average collection period is 33 days What is the average investment in accounts receivable as shown on

Size of Accounts Receivable. The Bates Corporation has annual credit sales of $31.2 million. The average collection period is 33 days. What is the average investment in accounts receivable as shown on the balance sheet?

May 25 2020 View more View Less

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