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11. Naronath & Co. has a DSO of 30 days, and its annual sales are $6,500,000. What is its accounts receivable balance? Assume that it

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11. Naronath & Co. has a DSO of 30 days, and its annual sales are $6,500,000. What is its accounts receivable balance? Assume that it uses 365-day year. O a) $17,808 O b) $216,666 c) $534,247 O d) $593,607 O e) None of the above

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