Stinkey Sells 2,250 Units of Its Perfume Collection Each Year

question 41

Multiple Choice

Stinkey sells 2,250 units of its perfume collection each year at a price per unit of $199.All sales are on credit with terms of 2/7, net 30.The discount is taken by 91 percent of the customers.What is the average amount of the company's accounts receivable?

• A)$11,126
• B)$11,246
• C)$11,003
• D)$14,815
• E)$14,778

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