Question: Wheat Corp. ended the year 2 0 2 3 with an average collection period of 6 0 days. The firm's credit sales for 2 0

Wheat Corp. ended the year 2023 with an average collection period of 60 days. The firm's credit sales for 2013 were $12 million. What is the approximate year-end 2023 balance in accounts receivable for Wheat Corp.?
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Wheat Corp. ended the year 2023 with an average collection period

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