How many days on average does it take the firm to collect, Financial Management

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How many days on average does it take the firm to collect

ABC Company has annual sales of $461,258 and cost of goods sold of $198,600. The average accounts receivable balance is $76,385. How many days on average does it take the firm to collect its accounts receivable? Assume 365 days. Enter your answer rounded off to two decimal points.

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Financial Management: How many days on average does it take the firm to collect

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Financial Management: How many days on average does it take the firm to collect

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