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Nucor Corporation has a DSO (Days Sales Outstanding) of 40 days and its annual sales is $9,597,600. What is its accounts receivable balance? Assume that it uses a 365-day year.

a. $239,940.00
b. $1,051,791.78
c. $92,187,473.68
d. $3,991,529.61

Sagot :

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