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At the beginning of 2011, Clay Ventures has accounts receivable of $100,000. By the end of 2011, Clay reports net…. At the beginning of 2011, Clay Ventures has accounts receivable of $100,000. By the end of 2011, Clay reports net credit sales of $1,900,000, cost of goods sold of $920,000 and accounts receivable of $200,000. What is the average collection period for 2011 for Clay? a. 39.7 days b. 59.5 days c. 28.8 days d. 38.4 days Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount! NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you. The post At the beginning of 2011, Clay Ventures has accounts receivable of $100,000. By the end of 2011, Clay reports net… appeared first on researchpaper101.com.At the beginning of 2011, Clay Ventures has accounts receivable of $100,000. By the end of 2011, Clay reports net…
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