The green hornet sells earnings forecasts for international, Ask an Expert

Management Studies

The Green Hornet sells earnings forecasts for international securities. Its credit terms are 2/10, net 30. Based on experience, 55 percent of all customers will take the discount. The firm sells 2,600 forecasts every month at a price of $1,100 each. What is the firm's average balance sheet amount in accounts receivable?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9108323

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