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Braswell & Associates has a DSO of 52 days, and its annual sales are $8,600,000. What is its accounts receivable balance? Assume it uses a
Braswell & Associates has a DSO of 52 days, and its annual sales are $8,600,000. What is its accounts receivable balance? Assume it uses a 365-day year. Selected Answer: Correctc. $1,225,205 Answers: a. $165,385 b. $447,200,000 Correctc. $1,225,205 d. $453 e. $695,295
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