Novak Corp. assembled the following information in completing its March bank reconciliation: Balance per bank $23300 Outstanding checks $4725 Deposits in transit $7650 NSF check $490 Bank service charge $155 Cash balance per books $26870 As a result of this reconciliation, Novak will reduce its cash account by $155. O reduce its cash account by $645. O reduce its cash account by $2925. O increase its cash account by $335. In the table below the information for four companies is provided. Company Accounts Receivable Average collection period turnover 13.85 26.70 Whispering 12.40 27.85 Lewis 10.45 33.20 Danforth 13.45 27.00 Marigold 13.85 25.25 Industry Average If Marigold's net credit sales are $457300, what are its average net accounts receivable? O $113113 O $61507 O $17606 O $34000 On January 15, Bramble Corp. solis merchandise on account to Novak Associates for $5200 with terms 2/10,n30. On January 20, Novak returns merchandise worth $1500 to Bramble On January 24, payment is received from Novak for the balance de What is the amount of cash received 54606 a $4576 $3500 54700