Davis and Davis Have Expected Sales of $490,$465,$450,and $570 for the Months

question 78

Multiple Choice

Davis and Davis have expected sales of $490,$465,$450,and $570 for the months of January through April,respectively.The accounts receivable period is 28 days.What is the accounts receivable balance at the end of March? Assume a year has 360 days.

• A)$420
• B)$426
• C)$440
• D)$450
• E)$482

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