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20. Delta PDA Distributors has an investment in accounts receivable of $2,750,000. Daily credit sales are $118,280. Delta's cost of goods sold represent 75% of

20. Delta PDA Distributors has an investment in accounts receivable of $2,750,000. Daily credit sales are

$118,280. Delta's cost of goods sold represent 75% of the sales price. What is the level of accounts receivable?

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