Illustrate the value for average daily credit sales, Finance Basics

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Illustrate the value for average daily credit sales

Problem:

The Chamberlain Corporation has an Account receivable turnover equal to 12 times. If accounts receivable are equal to $90,000, what is the value for average daily credit sales?

Your answer must be, typed, double-spaced, Century Schoolbook (size 14), one-inch margins on all sides, APA format and also include references.Write step by step solutions for the above question.

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Finance Basics: Illustrate the value for average daily credit sales

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