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Zoom has a DSO of 30 days, and its annual sales are $6,500,000. What is its accounts receivable balance? Assume that it uses 365-day year.

Zoom has a DSO of 30 days, and its annual sales are $6,500,000. What is its accounts receivable balance? Assume that it uses 365-day year. 

a) $17,808 

b) $216,666 

c) $534,247 

d) $593,607 

e) None of the above 

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