On average your firm sells $32,600 of items on credit each day. Your average inventory period is 30

| September 29, 2018

On average your firm sells $32,600 of items on credit each day. Your average inventory period is 30 days and your operating cycle is 50 days. What is your average accounts receivable balance?$1,010,600$1,304,000$1,630,000$652,000$978,000

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