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Working Capital Management Can you show me step by step
Requireda. Prepare a worksheet for the preparation of a statement of cash flows
September 15, 2020> >
September 15, 2020Working Capital Management
Can you show me step by step how to solve this Problem
1. The Manana Corporation had sales of $69 million this year. Its accounts receivable averaged $2million. How long on average does it take the firm to collect on its sales? (Use 365 days for a year)
The collection period is ? How many days
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