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DEF Ltd’s financial records reveal the following information at 31 December 2024...
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DEF Ltd’s financial records reveal the following information at 31 December 2024:
Net Credit Sales for 2024: $180,000
Ending Accounts Receivable: $25,000
Beginning Accounts Receivable: $35,000
The number of days taken to collect average accounts receivable for 2024 is closest to:100%
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