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The Chamberlain Corporation has accounts receivable turnover equal to 12 times. If accounts receivable are $80,000, what is the value for average daily credit sales?
The Chamberlain Corporation has accounts receivable turnover equal to 12 times. If accounts receivable are $80,000, what is the value for average daily credit sales?(Use 365 days in a year. Round the final answer to the nearest dollar amount.)
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