Orio Inc.has a beginning receivables balance on January 1st of $685.Sales for January through April are $735,$690,$770,and $850,respectively.The accounts receivable period is 30 days.How much did the firm collect in the month of April? Assume a 30-day month.
A) $735
B) $690
C) $730
D) $810
E) $770
Correct Answer:
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