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Problem 9-15 A firm has no cash sales (all sales are on credit and are collected 25 days after the sale). If the receivables are

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Problem 9-15 A firm has no cash sales (all sales are on credit and are collected 25 days after the sale). If the receivables are $197,000, what is the level of sales? Assume there are 365 days in a year. Round your answer to the nearest dollar

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