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Calculate the Average Collection Period for Dotte Inc

question 67

Multiple Choice

Calculate the average collection period for Dotte Inc.if its accounts receivables were $500 and $600 at the end of each of the last two years,and its revenue over the last year was $3,000.


Definitions:

Injection

A method of delivering drugs or other substances into the body using a needle and syringe.

Antibody

A protein produced by the body's immune system that recognizes and helps fight infections and other foreign substances in the body.

Immunoglobulin

A type of protein, also known as an antibody, produced by the immune system to fight pathogens, such as bacteria and viruses.

Antigens

Substances that when introduced into the body stimulate the production of antibodies, triggering an immune response.

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