Q3 The Insu Corp. has annual credit sales of $27 million. The average collection period is 29

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The Insu Corp. has annual credit sales of $27 million. The average collection period is 29 days. What is the average investment in accounts receivable as shown on the balance sheet? (provide answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89)

Posted Date: May 18, 2024 07:01 PM

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Q3 The Insu Corp. has annual credit sales of $27 million. The average collection period is 29

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