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Dixons has a beginning receivables balance on January 1st of $930. Sales for January through April are $970, $1,050, $1,330, and $1,460, respectively. The accounts
Dixons has a beginning receivables balance on January 1st of $930. Sales for January through April are $970, $1,050, $1,330, and $1,460, respectively. The accounts receivable period is 36 days. How much did the firm collect in the month of March? Assume a 30-day month.
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