INTERMEDIATE ACCOUNTING-NEXTGEN ACCESS
17th Edition
ISBN: 9781119659747
Author: Kieso
Publisher: WILEY
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The financial statements of Shivam Manufacturing Company report net sales of $1277500 and accounts receivable of $71000 and $69000 at the beginning and end of the year, respectively. What is the average collection period for accounts receivable in days? A. 20.30 B. 20.00 C. 19.70 D. 22.00
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What is the company's unit contribution margin? Accounting
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