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Dyl Pickle Inc. had credit sales of $3,800,000 last year and its days sales outstanding was DSO = 50 days. What was its average receivables

Dyl Pickle Inc. had credit sales of $3,800,000 last year and its days sales outstanding was DSO = 50 days. What was its average receivables balance, based on a 365-day year?

a. $10,411 b. $76,000 c. $12,063 d. $457,831 e. $520,548

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