Use the following information to answer questions
Joliet's 2009 and 2010 financial statements included the following data:
Assume a 360-day year for all calculations.
-What is average age of Joliet's accounts receivable for 2010?
A) 25.7 days
B) 27.1 days
C) 32.7 days
D) 34.3 days
E) 40.9 days
Correct Answer:
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