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Firm XYZ has an average collection period of 27.5 days and credit sales of $33,800,000. Firm XYZ also has an inventory turnover ratio of 22
Firm XYZ has an average collection period of 27.5 days and credit sales of $33,800,000. Firm XYZ also has an inventory turnover ratio of 22 and cost of goods sold account balance of $62,300,000. What is XYZ's accounts receivable account balance? (Round to the nearest whole dollar)
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