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The Green Pickle has estimated quarterly sales for next year, starting with Quarter I, of $18,600, $21,300, $24,500, and $19,600.The accounts receivable period is 18
The Green Pickle has estimated quarterly sales for next year, starting with Quarter I, of $18,600, $21,300, $24,500, and $19,600.The accounts receivable period is 18 days. What is the expected accounts receivable balance at the end of the third quarter? Assume each month has 30 days.
A. $4,333
B. $4,900
C. $4,500
D. $4,667
E. $4,600
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