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Ocala clinic services result in $5,000 in daily Billings to third-party payers. on average it takes the clinic 50 days to collect its receivables. if

Ocala clinic services result in $5,000 in daily Billings to third-party payers. on average it takes the clinic 50 days to collect its receivables. if the interest rate on loans needed to finance receivables is 10%, what is the clinic dollar annual cost of financing is receivables balance

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