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Essence of Skunk Fragrances, Ltd., sells 5,200 units of its perfume collection each year at a price per unit of $382. All sales are on credit with terms of 3/25, net 40. The discount is taken by 40 percent of the customers.

What is the amount of the company’s accounts receivable? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Financial Management, Finance

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