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The Green pickle has estimted quarterly sales for the next year , starting with Quarter 1, of $18,600, $21,300, $24,500 and $19,600. The accounts receivable
The Green pickle has estimted quarterly sales for the next year , starting with Quarter 1, 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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