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Mr. Huskers Tuxedos Corp. ended the year 2015 with an average collection period of 36 days. The firms credit sales for 2015 were $55.7 million.
Mr. Huskers Tuxedos Corp. ended the year 2015 with an average collection period of 36 days. The firms credit sales for 2015 were $55.7 million.
Mr. Husker's Tuxedos Corp. ended the year 2015 with an average collection period of 36 days. The firm's credit sales for 2015 were $55.7 million. What is the year-end 2015 balance in accounts receivable for Mr. Husker's Tuxedos? (Round your answer to the nearest whole dollar. Use 365 days a year.) Accounts receivableStep by Step Solution
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