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Receivables Investment Medwig Corporation has a DSO of 16 days. The company averages $9,750 in sales each day (all customers take credit). What is the

Receivables Investment

Medwig Corporation has a DSO of 16 days. The company averages $9,750 in sales each day (all customers take credit). What is the company's average accounts receivable? Assume a 365-day year. Round your answer to the nearest dollar.

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