The cost of production is 84 percent of the selling price, Financial Management

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The cost of production is 84 percent of the selling price

Skye Flyer, Inc., has weekly credit sales of $19,000, and the average collection period is 31 days. The cost of production is 84 percent of the selling price. What is the average accounts receivable figure? (Do not round your intermediate calculations.)

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Financial Management: The cost of production is 84 percent of the selling price

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