Home Corporation will open a new store on January 1. Based on experience from its other retail outlets, Home Corporation is making the following sales projections: 
Home Corporation estimates that 70% of the credit sales will be collected in the month following the month of sale, with the balance collected in the second month following the month of sale. The March 31 balance in accounts receivable will be:
Definitions:
Grievance Procedures
Formal processes through which employees can raise concerns, complaints, or issues within a workplace for resolution.
Termination Procedures
The formal process followed by organizations to end the employment of an employee.
Court of Law
A judiciary facility where legal cases are heard and decisions are made.
Bioethical Issues
Concerns arising from the ethical implications and moral questions brought about by advances in biology and medicine.
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