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Home Infusion provides an average of 15 home health visits a day at an average net charge of $82 per visit, for $852 in average

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Home Infusion provides an average of 15 home health visits a day at an average net charge of $82 per visit, for $852 in average daily billings (ADB). They provide services approximately 220 days per year. All services are paid by two third-party payers: One pays for half of the billing 25 days after the service is provided and the second pays for the other half of billings in 7 days. Average cost of debt (i.e. the interest rate on bank loans) is 13%. What is the average accounts receivable balance? (Do not round intermediate calculations and round your final answer to 2 decimal places. Omit the "$" sign and commas in your response. For example, $12.3456 should be entered as 12.35.) Home Infusion provides an average of 15 home health visits a day at an average net charge of $82 per visit, for $852 in average daily billings (ADB). They provide services approximately 220 days per year. All services are paid by two third-party payers: One pays for half of the billing 25 days after the service is provided and the second pays for the other half of billings in 7 days. Average cost of debt (i.e. the interest rate on bank loans) is 13%. What is the average accounts receivable balance? (Do not round intermediate calculations and round your final answer to 2 decimal places. Omit the "$" sign and commas in your response. For example, $12.3456 should be entered as 12.35.)

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