Peterboro supply has a current accounts receivable balance, Ask an Expert

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Peterboro Supply has a current accounts receivable balance of $391,648. Credit sales for the year just ended were $5,338,411. How long did it take on average for credit customers to pay off their accounts during the past year? Select one: a. 24.78 days b. 26.78 days c. 29.09 days d. 31.15 days e. 33.33 days

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Financial Management, Finance

Category:- Financial Management
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