Asset Management Ratios Corn Products, Corporation ended the year $2018$ with an average collection period of $40$ days. The firm's credit sales for $2011$ were $$9$ million. What is the approximate year$-$end $2013$ balance in accounts receivable for Corn Products? $($Consider $365$ days a year.$)$

Multiple Choice

$$360$ million

$$0\mathrm{.}9863$ million

$$4\mathrm{.}4444$ million

$$0\mathrm{.}225$ million