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What is the company balance sheet in accounts receivable

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Miranda is the owner manager of Web Design Inc. They provide personalized logo design for all types of businesses.

Problem 1: Web Design inc. sells on credit terms of net 30. Its accounts are , on average , 5 days past due. If annual credit sales are $10 million, what is the company's balance sheet in accounts receivable? Assume a 365 day per year.

Reference no: EM132664974

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