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B. Bambino Milling Co. has a current ratio of 2.0. Current assets consist of inventory of $10 million and current liabilities of $15 million. The
B. Bambino Milling Co. has a current ratio of 2.0. Current assets consist of inventory of $10 million and current liabilities of $15 million. The company gives on average 36.5 days credit to its customers. Calculate the companys annual credit sales.
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