Compute the value of the average collection, Financial Management

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Compute the value of the average collection

Oral Roberts Dental Supplies has annual sales of $6,255,000. Eighty percent are on credit. The firm has $722,800 in accounts receivable.

Compute the value of the average collection period. (Do not round intermediate calculations. Use a 360-day year.)

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Financial Management: Compute the value of the average collection

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Financial Management: Compute the value of the average collection

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