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Flower Shop offers credit terms of 2/5, net 20. Based on experience, 95 percent of all customers will take the discount. The firm sells 478

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Flower Shop offers credit terms of 2/5, net 20. Based on experience, 95 percent of all customers will take the discount. The firm sells 478 units each month at a price of $694 each. What is the average book value of accounts receivable? Assume a 365- day year. A) $68,272 B) $62,866 C) $60,274 OD) $65,387 E) $67,711

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