Midwest Candles has estimated quarterly sales for next year, starting with Quarter 1, of $50.020, $54,619, $105,403, and $46,510.The accounts receivable period is 15 days.What is the expected accounts receivable balance at the end of the second quarter? Assume each month has 30 days.

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The Answer of Midwest Candles has estimated quarterly sales for next year, starting with Quarter 1, of $50.020, $54,619, $105,403, and $46,510.The accounts receivable period is 15 days.What is the expected accounts receivable balance at the end of the second quarter? Assume each month has 30 days.

Midwest Candles Has Estimated Quarterly Sales for Next Year, Starting