The Arizona Bay Corporation sells on credit terms of net 30. Its accounts are, on...
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| The Arizona Bay Corporation sells on credit terms of net 30. Its accounts are, on average, 4 days past due. Annual credit sales are $5.7 million. |
| What is the companys balance sheet amount in accounts receivable? (Use 365 days a year. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) |
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