The Arizona Bay Corporation sells on credit terms of net 30. Its accounts are, on average,...

The Arizona Bay Corporation sells on credit terms of net 30. Its accounts are, on average, 4 days past due. Annual credit sales are $5.7 million.

What is the company’s balance sheet amount in accounts receivable? (Use 365 days a year. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.)

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jeff jeffy answered 14 hours ago

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