The arizona bay corporation sells on credit terms of net 30


Question: The Arizona Bay Corporation sells on credit terms of net 30. Its accounts are, on average, four days past due. If annual credit sales are $9.75 million, what is the company's balance sheet amount in accounts receivable? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: The arizona bay corporation sells on credit terms of net 30
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