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Problem 4-1 Days Sales Outstanding Baxley Brothers has a DSO of 27 days, and its annual sales are $6,570,000. What is its accounts receivable balance?

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Problem 4-1 Days Sales Outstanding Baxley Brothers has a DSO of 27 days, and its annual sales are $6,570,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest cent

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