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On average, your firm sells $32,800 of items on credit each day. The average inventory period is 32 days and your operating cycle is 52
On average, your firm sells $32,800 of items on credit each day. The average inventory period is 32 days and your operating cycle is 52 days. What is the average accounts receivable balance? $1,705,600$1,049,600$656,000$1,082,400$1,312,000
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