Company balance in accounts receivable
Question: The Webster's Company sells on credit terms of net 45. Its accounts are on average 45 days past due. If annual credit sales are $5 million, what is the company's balance in accounts receivable?
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If annual credit sales are $5 million, what is the company's balance in accounts receivable?
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Many people feel that there are simply too many laws and regulations governing how companies may manage their employees.
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