Managerial accounting : Calculation of Average collection period of year by ClassOf1

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									              Sub: Accounts                                                          Topic: Managerial Accounting



              Question:
              Calculation of Average collection period over the next year.

         ClassOf1 provides expert guidance to College, Graduate, and High school students on homework and assignment problems in
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              BPC anticipates reaching a sales level of $6 million in one year. The company expects a net
              income during the next year to equal $400,000. Over the past several years, the company has
             
								
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