Figure 8-6 the Following Forecasted Sales Pertain to Tigers, Inc

Figure 8-6 The following forecasted sales pertain to Tigers, Inc.
Collection pattern:
60 percent in month of sale
40 percent in month following the sale
The company has a selling price of $10 per unit and expects to maintain ending inventories equal to 20 percent of next month's sales.
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Refer to Figure 8-6.How much is Accounts Receivable as of October 31?

A) $420,000
B) $460,000
C) $240,000
D) none of the above