tequestaross1784 tequestaross1784

28-03-2024
Business

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Corn Products Corporation ended the year 2022 with an average collection period of 40 days. The firm's credit sales for 2022 were $9 million. What is the approximate year-end 2022 balance in accounts receivable for Corn Products?

Multiple Choice:

a. $225,000
b. $986,300
c. $4,444,400
d. $360,000,000

Respuesta :

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