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A firms Days Sales Outstanding is 36.5 days. Its sales is $1,000,000. What is this firms Accounts Receivable balance (assume a 365 day year)? a.

A firms Days Sales Outstanding is 36.5 days. Its sales is $1,000,000. What is this firms Accounts Receivable balance (assume a 365 day year)?

a.

$100,000

b.

$2,739

c.

$27,397

d.

must know the current assets amount first

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