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Question 1 (3 points) Melanie's Discount Fashion has an average collection period of 45 days. The accounts receivable balance is $106,302, and its accounts payable

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Question 1 (3 points) Melanie's Discount Fashion has an average collection period of 45 days. The accounts receivable balance is $106,302, and its accounts payable balance is $79,500. What is the value of credit sales to the nearest dollar? (Assume 365 days in a year.)

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