What is allied industries receivable collection period, Accounting Basics

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What is allied industries receivable collection period

Question: Allied Industries reported sales of $525,000; beginning net Accounts Receivable of $207,000 and ending net Accounts Receivable of $224,000. What is Allied Industries' receivable collection period (rounded to the nearest day)? 156 O 590 300 O 150

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Accounting Basics: What is allied industries receivable collection period

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Accounting Basics: What is allied industries receivable collection period

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