The Red Zeppelin Corporation has annual sales of $65 million. The average collection period is 50 days. What is the average investment in accounts receivable as shown on the balance sheet? Multiple Choice $8.904.110 $9.349 315 $8,636,986 $9171233 $1,300,000 Essence of Skunk Fragrances, Ltd, sells 5.000 units of its perfume collection each year at a price per unit of $500. All sales are on credit with terms of 2/15. net 30. The discount is taken by 60 percent of the customers. What is the amount of the company's accounts receivable? Multiple Choice $143.835 62 $102.73973 $82,19178 $136.643 84 515102740