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Ardvark Corp

Question 77

Multiple Choice

Ardvark Corp. (AC) reported annual sales of $15,500,000. In the past AC's customers have paid within an average of 35 days. AC's management is considering allowing customers to pay in 40 days.
-AC's average AR is ______________.


A) $3,238,999
B) $1,486,301
C) $1,698,640
D) $15,500,000

Correct Answer:

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