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Forecast the accounts receivable for Company XYZ using the following annual information. Receivable days assumption = 55 days Payable days assumption = 69 days Forecasted

Forecast the accounts receivable for Company XYZ using the following annual information.

Receivable days assumption = 55 days

Payable days assumption = 69 days

Forecasted revenue = $263,500

Forecasted cost of goods sold = $114,780

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