What is the firms average balance sheet


The Green Hornet sells earnings forecasts for international securities. Its credit terms are 2/10, net 30. Based on experience, 55 percent of all customers will take the discount. The firm sells 2,600 forecasts every month at a price of $1,100 each. What is the firm's average balance sheet amount in accounts receivable?

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Business Management: What is the firms average balance sheet
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