Ralston Company reports the following information for the 2011 fiscal year: Accounts receivable 90,000 Allowance...
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Accounting
Ralston Company reports the following information for the 2011 fiscal year: Accounts receivable 90,000 Allowance for uncollectible accounts 3,500 Determine the average number of days it takes Ralston to collect its accounts receivable.
A. 89 B. 85 C. 80 D. 98
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