which is the correct answer A firm has a beginning receivables balance on January 1st of $398 Quarterly sales for the year are $427, $502, $479, and $525, starting with the first quarter The accounts receivable period is 60 days How much did the firm collect in the second quarter Assume a 360 day year Multiple Choice C) $458 50 $479 50 $477 00 $452 00 O O OO O $464 50

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which is the correct answer  A firm has a beginning receivables balance on January 1st of $398  Quarterly sales for the year are $427, $502, $479, and $525, starting with the first quarter  The accounts receivable period is 60 days  How much did the firm collect in the second quarter  Assume a 360 day year  Multiple Choice C) $458 50 $479 50 $477 00 $452 00 O O OO O $464 50

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Question: which is the correct answer? A firm has a beginning receivables balance on January 1st of $398. Quarterly sales for the year are $427, $502,

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