Quiet Press has an accounts receivable period of 38 days.The estimated quarterly sales for this year,starting with the first quarter,are $1,200,$1,400,$1,900,and $1,200,respectively.How much does the firm expect to collect in the fourth quarter? Assume a 360-day year.
A)$1,592.08
B)$1,604.44
C)$1,495.56
D)$1,509.11
E)$1,660.02

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The Answer of Quiet Press has an accounts receivable period of 38 days.The estimated quarterly sales for this year,starting with the first quarter,are $1,200,$1,400,$1,900,and $1,200,respectively.How much does the firm expect to collect in the fourth quarter? Assume a 360-day year.
A)$1,592.08
B)$1,604.44
C)$1,495.56
D)$1,509.11
E)$1,660.02

Quiet Press Has an Accounts Receivable Period of 38 Days