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Dome Metals has credit sales of $486,000 yearly. If Dome offers a 4 percent discount for payment in 15 days, what wil the average accounts

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Dome Metals has credit sales of $486,000 yearly. If Dome offers a 4 percent discount for payment in 15 days, what wil the average accounts receivable balance be? Assume all customers would pay on the last day of the discount period. (Use a 360-day year.) Average receivables balance

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