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Your fiRm Deals Strictly with Three Customers

Question 197

Multiple Choice

Your firm deals strictly with three 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 three 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) $4,000 B) $6,667 C) $7,500 D) $11,500 E) $13,333


A) $4,000
B) $6,667
C) $7,500
D) $11,500
E) $13,333

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