Question: Question 6 (1 point) A company estimates that it can sell $31,210 worth of goods in the month of April. The account receivable balance at

Question 6 (1 point) A company estimates that it can sell $31,210 worth of goods in the month of April. The account receivable balance at beginning of the month is $1,038. Average collection period is 8 days. Assuming a quarter of 90 days, how much cash is collected in April? $23,925 $24,523 $25,122 $25,720 $26,318
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