Receivables Investment Medwig Corporation has a DSO of 25 days. The company averages $8,000 in sales each

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Receivables Investment

Medwig Corporation has a DSO of 25 days. The company averages $8,000 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.

Posted Date: Jun 26, 2024 08:04 AM

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Receivables Investment Medwig Corporation has a DSO of 25 days. The company averages $8,000 in sales each

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