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one alternative that best completes the statement or answers the question. 1) The Deluxe Corporation has a 45 day accounts receivable period. The estimated 1)
one alternative that best completes the statement or answers the question.
1) The Deluxe Corporation has a 45 day accounts receivable period. The estimated 1) quarterly sales for this year, starting with the first quarter, are $1,700, $2,100, $3,500,
and $2,500, respectively. What is the accounts receivable balance at the beginning of the second quarter? Assume that a year has 360 days.
A) $850 B) $1,250 C) $1,900 D) $1,050 E) $1,750
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