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Assume each month has 30 days and a firm has a 60-day accounts receivable period. During the second calendar quarter of the year, that firm
Assume each month has 30 days and a firm has a 60-day accounts receivable period. During the second calendar quarter of the year, that firm will collect payment for the sales it made during which of the following months?
A. October, November, and December B. November, December, and January
C. December, January, and February D. January, February, and March
E. February, March, and April
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