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Receivables Investment Medwig Corporation has a DSO of 40 days. The company averages $3,000 in sales each day (all customers take credit). What is the

Receivables Investment

Medwig Corporation has a DSO of 40 days. The company averages $3,000 in sales each day (all customers take credit). What is the company's average accounts receivable? Round your answer to the nearest dollar.

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