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Problem 3 - 3 Asset Management Ratios ( LG 3 - 2 ) Mr . Husker s Tuxedos Corporation ended the year with an average
Problem Asset Management Ratios LG
Mr Huskers Tuxedos Corporation ended the year with an average collection period of days. The firms credit sales were $ million.
What is the yearend balance in accounts receivable for Mr Huskers Tuxedos?
Note: Enter your answer in dollars not in millions. Use days a year.
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