1. Calculate the value of average accounts receivable for the company. Give those total sales during the year are of $215 million. Receivables turnover days is 25. Total credit sales during the year were of $180 million. Days of payable outstanding is stated as 23 days. Round the final answer to two decimal places. 
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3. Answer choices: 
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5. a. Average accounts receivable is $ 12.33 million. 
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7. b. Average accounts receivable is $ 13.70 million. 
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9. c. Average accounts receivable is $ 11.34 million. 
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11. d. Average accounts receivable is $ 14.33 million.

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