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2. Problem 16-02 (Receivables Investment) eBook Receivables Investment Medwig Corporation has a DSO of 19 days. The company averages $2,500 in sales each day
2. Problem 16-02 (Receivables Investment) eBook Receivables Investment Medwig Corporation has a DSO of 19 days. The company averages $2,500 in sales each day (all customers take credit). What is the company's average accounts receivable? Assume a 365-day year. Round your answer to the nearest dollar.
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