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uindi Lumber offers credit terms of 2/5, net 20. Based on experience, 93 percent of all customers will take the discount. The firm sells 487
uindi Lumber offers credit terms of 2/5, net 20. Based on experience, 93 percent of all customers will take the discount. The firm sells 487 units each month at a price of $649 each. What is the average book value of accounts receivable? Assume a 365-day year
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