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Sweet Baking Inc. sells on credit terms of net 30. Its accounts are, on average, four days past due. If annual credit sales are $9.75

Sweet Baking Inc. sells on credit terms of net 30. Its accounts are, on average, four days past due. If annual credit sales are $9.75 million, what is the company's balance sheet amount in accounts receivable? Assume 365 days per year

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