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The Wake-Up Coffee Company Has Projected the Following Quarterly Sales

Question 95

Multiple Choice

The Wake-Up Coffee Company has projected the following quarterly sales amounts for the coming year: The Wake-Up Coffee Company has projected the following quarterly sales amounts for the coming year: Accounts receivable at the beginning of the year are $200.Wake-Up has a 60-day collection period.What is the amount of the accounts receivable balance at the end of Quarter 3? A) $375 B) $450 C) $500 D) $600 E) $700 Accounts receivable at the beginning of the year are $200.Wake-Up has a 60-day collection period.What is the amount of the accounts receivable balance at the end of Quarter 3?


A) $375
B) $450
C) $500
D) $600
E) $700

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