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A company expects its customers to pay in 40 days. The companys annual credit sales are $16.1 million and its accounts receivable are $2,470,000. If
A company expects its customers to pay in 40 days. The companys annual credit sales are $16.1 million and its accounts receivable are $2,470,000. If all the customers paid on time, how much additional cash would the company have?
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