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Freiman Corporation's Most Recent Balance Sheet and Income Statement Appear

Question 175

Multiple Choice

Freiman Corporation's most recent balance sheet and income statement appear below: Freiman Corporation's most recent balance sheet and income statement appear below: The average collection period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.) A) 64.0 days B) 0.9 days C) 61.3 days D) 1.1 days The average collection period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)


A) 64.0 days
B) 0.9 days
C) 61.3 days
D) 1.1 days

Correct Answer:

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