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22. ABC Co. has an average collection period of 90 days for its accounts receivable. If total credit sales for the year were $6,000,000, what

22. ABC Co. has an average collection period of 90 days for its accounts receivable. If total credit sales for the year were $6,000,000, what is the balance in accounts receivable at year-end? Assume a 360-day calendar year

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