Assume microlimp has annual sales of 500 million what is


On average, it takes Microlimp’s customers 60 days to pay their bills. Assume Microlimp has annual sales of $500 million, what is the average value of unpaid bills? Assume a 365-day year. (Enter your answer in millions rounded to 3 decimal places.) Accounts receivable $ million.

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Financial Management: Assume microlimp has annual sales of 500 million what is
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