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Assume Green Leaf Nursery anticipated sales of $500 in this quarter.

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Assume Green Leaf Nursery anticipated sales of $500 in this quarter. Accounts receivable at the beginning of the quarter was $300. Assuming a collection period of 30 days, which is the approximate cash collections amount for the quarter?;A. $550;B. $630;C. $250;D. $170;E. None of the above

 

Paper#32463 | Written in 18-Jul-2015

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