Days sales outstanding

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Days Sales Outstanding

Baxley Brothers has a DSO of 41 days, and its annual sales are $10,220,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest cent.

Reference no: EM131238286

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Days sales outstanding : Baxley Brothers has a DSO of 41 days, and its annual sales are $10,220,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest cent.
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