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Suppose that a clinic has third-party payer revenues of $10,000 per day. On average, it takes the clinic 50 days to collect from its payers.

Suppose that a clinic has third-party payer revenues of $10,000 per day. On average, it takes the clinic 50 days to collect from its payers. What will be the steady state receivables balance? 1) $10,000 2) $50,000 3) $250,000 4) $500,000 5) $750,000

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