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On average, your firm sells $25,500 of items on credit each day. The firm's average operating cycle is 32 days and it acquires and sells

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On average, your firm sells $25,500 of items on credit each day. The firm's average operating cycle is 32 days and it acquires and sells inventory, on average, every 15 days. What is the average accounts receivable balance? 0 $433,500 O $780,300 $390.150 $816.000 $382.500

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