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Your fiRm Deals Strictly with Four Customers

Question 122

Multiple Choice

Your firm deals strictly with four customers. The average amount that each customer pays per month along with the collection delay associated with each payment is shown below. Given this
Information, what is the amount of the average daily receipts?
Assume that every month has 30 days. Your firm deals strictly with four customers. The average amount that each customer pays per month along with the collection delay associated with each payment is shown below. Given this Information, what is the amount of the average daily receipts? Assume that every month has 30 days. A) $1,337 B) $1,408 C) $3,342 D) $8,448 E) $10,025


A) $1,337
B) $1,408
C) $3,342
D) $8,448
E) $10,025

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