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Mervyns Fine Fashion has an average collection period of 50 days. The accounts receivable balance is $95,000. What is the value of credit sales? (Use
Mervyns Fine Fashion has an average collection period of 50 days. The accounts receivable balance is $95,000. What is the value of credit sales? (Use 365 days in a year. Round the final answer to the nearest whole dollar.)
Credit sales $
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