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Determine the account receivables

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Based on the following information, determine the Account Receivables (rounded to thousands of dollars) that were outstanding: Annual Net sales = $575,000; Average Collection Period = 57.1 days; Payment Deferral Period = 76.8 days; and Cost of goods sold = $380,000. Assume 365 days in a Year. (Show work)

Reference no: EM132191138

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