bobby1072 bobby1072

16-12-2022
Business

Answered

the malibu corporation has annual credit sales of $26 million. the average collection period is 28 days. what is the average investment in accounts receivable as shown on the balance sheet? (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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