MC algo 20-6 Average Collection Period Silver Eyes, Incorporated, has an average collection period of 23.54 days and its average daily accounts receivable is $351,000. What are the company's annual credit sales assuming 365 days per year? Multiple Choice O O $8,262 540.00 $6,047153.78 $7,306,025.73 $5,442 438.40 $6,349 511.47 4

MC algo 20-6 Average Collection Period Silver Eyes, Incorporated, has an average collection period of 23.54 days and its average daily accounts receivable is $351,000. What are the company's annual credit sales assuming 365 days per year? Multiple Choice O O $8,262 540.00 $6,047153.78 $7,306,025.73 $5,442 438.40 $6,349 511.47 4

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter7: Receivables And Investments

Section: Chapter Questions

Problem 7.6E

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