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J-Mart has a DSO of 45 days, and its annual sales are $5,300,000. What is its accounts receivable balance? Assume it uses a 360-day year.

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J-Mart has a DSO of 45 days, and its annual sales are $5,300,000. What is its accounts receivable balance? Assume it uses a 360-day year. 600,000 800,000 662,500 None of the above 375,000

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