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newconect.mheducation.com Week 8: Quiz Week & Quiz Seved Save & Exit Help Week 8: Quiz 0 The Malibu Corporation has annual credit sales of $39

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newconect.mheducation.com Week 8: Quiz Week & Quiz Seved Save & Exit Help Week 8: Quiz 0 The Malibu Corporation has annual credit sales of $39 million. The average collection period is 41 days. What is the average investment in accounts receivable as shown on the balance sheet? (Do not round intermediate calculations and enter your answer in dollars, not millons of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) 3. Average receivables ( Prev 3 of 3 Next

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