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Essence of Skunk Fragrances, Limited, sells 5,000 units of its perfume collection each year at a price per unit of $500. All sales are on
Essence of Skunk Fragrances, Limited, sells 5,000 units of its perfume collection each year at a price per unit of $500. All sales are on credit with terms of 1/10, net 30. The discount is taken by 80 percent of the customers. What is the amount of the company's accounts receivable?
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$68,493.15
$95,890.41
$100,684.93
$91,095.89
$41,095.89
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