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1 1 . ABC, Incorporated, has a beginning receivables balance on January 1 st of $ 6 9 0 . Sales for January through April

11 .

ABC, Incorporated, has a beginning receivables balance on January

1

st of $

690 .

Sales for January through April are $

450,

480,

560

and $

580,

respectively. The accounts receivable period is

60

days. How much did the firm collect in the month of March? Assume

365

days per year.

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