Davis and davis have expected sales of 490 465 450 and 570


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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Finance Basics: Davis and davis have expected sales of 490 465 450 and 570
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