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Solved – Kidd Corporation presently gives credit terms of “net 30 days”. It has $60 Million in credit sales and its average collection period is 45 days – Suraz Syangden
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![Why Do Companies Pay Invoices Late? [Cash Flow]](https://brodmin.com/wp-content/uploads/2021/08/Cash-Flow-Examples-1.png "Why Do Companies Pay Invoices Late? [Cash Flow]")
Why Do Companies Pay Invoices Late? [Cash Flow]
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