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The Green Hornet sells earnings forecasts for international securities. Its credit terms are 2/12, net 30. Based on experience, 65 percent of all customers will
The Green Hornet sells earnings forecasts for international securities. Its credit terms are 2/12, net 30. Based on experience, 65 percent of all customers will take the discount. The firm sells 2.000 forecasts every month at a price of $1,100 each. What is the firm's average balance sheet amount in accounts receivable? $1,323,616 $1,791,012 $1,815,387 $1,408 272 $1,244,386
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