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please explain Virgo Inc. has current sales of $10,000 and a current balance in accounts receivable of $1,000. It has projected sales of S24,000. If
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Virgo Inc. has current sales of $10,000 and a current balance in accounts receivable of $1,000. It has projected sales of S24,000. If Virgo wants to increase the number of days that customers can pay by 9 days, its projected accounts receivable balance is closest to A. $2,000. B. S2,142. C. $2,667 D. S2,991Step by Step Solution
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