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finish fast please Najfm/ Enterprises fecently began seling on the internet. Internet sales for the fourth quarter of Year 1 totaled $508,000. The compary's internet
finish fast please
Najfm/ Enterprises fecently began seling on the internet. Internet sales for the fourth quarter of Year 1 totaled $508,000. The compary's internet sales are expected to grow at a rate of 20% per quarter. Ali sales are made on account. The companvis coliccilon experince is that 70% of accouns receivabie wil be collected in the quarter of sale and 30% in the neat quarter The balance in accounto recelvoble at the end of Decentaer Yoar twas $140,000 Required: soles for the ved b. Compute the occounts receivable balance as of the end of reat 2 Step by Step Solution
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