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1. Problem 4.01 Click here to read the eBook: Asset Management Ratios DAYS SALES OUTSTANDING Baxley Brothers has a DSO of 35 days, and its

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1. Problem 4.01 Click here to read the eBook: Asset Management Ratios DAYS SALES OUTSTANDING Baxley Brothers has a DSO of 35 days, and its annual sales are $9,125,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest cent. $

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