Dokos, Inc. has a beginning receivables balance on January 1st of $560. Sales for January through April are $620, $680, $570 and $550, respectively. The accounts receivable period is 30 days.
How much did the ﬁrm collect in the month of March? Assume that a year has 360 days.

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The Answer of Dokos, Inc. has a beginning receivables balance on January 1st of $560. Sales for January through April are $620, $680, $570 and $550, respectively. The accounts receivable period is 30 days.
How much did the ﬁrm collect in the month of March? Assume that a year has 360 days.