trippydude1479 trippydude1479
  • 14-01-2024
  • Business
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Owen Industries reports an average collection period of 19.6 days. Beginning and ending accounts receivable are $28,665 and $19,782, respectively. What were Owen's net credit sales? Round to the nearest cent.

a. $451,100.89
b. $500,257.43
c. $420,600.12
d. $390,750.76

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