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quiet press has a 38-da accounts receivable period. the estimated quarterly sales for this year, starting with the first quarter, are $1200, $1400, $1900 and
quiet press has a 38-da accounts receivable period. the estimated quarterly sales for this year, starting with the first quarter, are $1200, $1400, $1900 and $1200, respectively. How much does the firm expect to collect in the fourth quarter? Assume a 360-day year.
A. $1592.08 B. $1604.44 C. $1495.56 D. $1660.02 E. $1509.11
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