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DAYS SALES OUTSTANDING Baxley Brothers has a DSO of 49 days, and its annual sales are $8,030,000. What is its accounts receivable balance? Assume that

DAYS SALES OUTSTANDING Baxley Brothers has a DSO of 49 days, and its annual sales are $8,030,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest cent

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