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JJK Corporation has average daily sales of $26,500 and a targeted days receivable of 20 days. What is JJK's ideal level of accounts receivable? $530,000

JJK Corporation has average daily sales of $26,500 and a targeted days receivable of 20 days. What is JJK's ideal level of accounts receivable? $530,000 $580,350 $483,626 $355,000

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