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117. A firm has an ACP of 38 days and its annual sales are $5.3 million. What is its account receivable balance? A. $551,781 B.

117. A firm has an ACP of 38 days and its annual sales are $5.3 million. What is its account receivable balance? A. $551,781 B. $619,304 C. $692,098 D. $759,021

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