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On average, your firm sells $32,000 of items on credit each day. The average inventory period is 24 days and your operating cycle is 44

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On average, your firm sells $32,000 of items on credit each day. The average inventory period is 24 days and your operating cycle is 44 days. What is the average accounts receivable balance? $1,280,000 $1,408,000 $768,000 $800,000 $640,000

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