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Krueger Industrial Smoothing has an accounts receivable balance of $250,000 and 42 days of sales in receivables. By how much could Krueger reduce its receivable
Krueger Industrial Smoothing has an accounts receivable balance of $250,000 and 42 days of sales in receivables. By how much could Krueger reduce its receivable balance if it were able to reduce its days sales in receivables to the industry average of 25 days? Group of answer choices $101,190 $127,801 $148,810 $
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