Question: help Problem 7-23 Credit policy decision with changing variables (L07.4) Dome Metals has credit sales of $252,000 yearly. If Dome offers a 3 percent discount

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Problem 7-23 Credit policy decision with changing variables (L07.4) Dome Metals has credit sales of $252,000 yearly. If Dome offers a 3 percent discount for payment in 10 days, what will the average accounts receivable balance be? Assumel all customers would pay on the last day of the discount period (Use a 360-day year.) Average receivables balance

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