BC Corporation has the following balance sheet :  Assets  Cash $2,000 Accounts receivable $7,000 Inventory $6,000 Long-term assets $4,000 Total $19,000  Liabilities and Equity  Accounts Payable $5,000 Bank note payable $4,000  Equity $10,000 Total $19,000  Sales are expected to increase from $20,000 to $24,000. What is the forecasted level of Accounts receivable? ABC Corporation has the following balance sheet :  Assets  Cash $2,000 Accounts receivable $7,000 Inventory $6,000 Long-term assets $4,000 Total $19,000  Liabilities and Equity  Accounts Payable $5,000 Bank note payable $4,000  Equity $10,000 Total $19,000  Sales are expected to increase from $20,000 to $24,000. What is the forecasted level of Accounts receivable? 

$8,400 

$9,400 

$9,000 

$7,000

Answer rating: 100% (QA)

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