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  3. if a firm has sales of $21,344,000 a year, and the

If a firm has sales of $21,344,000 a year, and the average collection period for...

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Accounting

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If a firm has sales of $21,344,000 a year, and the average collection period for the industry is 35 days, what should this firm's accounts receivable be if the firm is comparable to the Industry? Assume there are 365 days in a year. Do not round Intermediate calculations. Round your answer to the nearest dollar

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