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Medwig Corporation has a DSO of 2 4 days. The company averages $ 7 , 7 5 0 in sales each day ( all customers

Medwig Corporation has a DSO of

24

days. The company averages $

7, 750

in sales each day

(

all customers take credit

) .

What is the company's average accounts receivable? Assume a

365 -

day year. Round your answer to the nearest dollar.

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