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Last year, Thilla Pharmaceuticals had annual sales of $ 4 5 0 million, and cost of goods sold totaled $ 3 7 5 million. The
Last year, Thilla Pharmaceuticals had annual sales of $ million, and cost of goods sold totaled $ million. The firm's accounts receivable balance is $ million. Suppose that Thilla reduces its Days' Receivable by days. Assuming everything else remains constant, what it the firm's new receivables balance?
$ million
$ million
$ million
$ million
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