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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 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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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92371223

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