Calculating the value of its credit sales, Finance Basics

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Calculating the value of its credit sales

Assignment:

Fine Fashions has an average collection period of 40 days. The accounts receivable balance is $80,000. What is the value of its credit sales?

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.Provide step by step solutions for the above question

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Finance Basics: Calculating the value of its credit sales

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Finance Basics: Calculating the value of its credit sales

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