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Kanji Company had sales last year of $265 million, including cash sales of $25 million. If its average collection period was 36 days (Assume a 365-day year.), its ending accounts receivable balance is closest to .

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Kanji Company had sales last year of $265 million, including cash sales of $25 million. If its average collection period was 36 days (Assume a 365-day year.), its ending accounts receivable balance is closest to .






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