What is the year-end 2012 balance in accounts receivable


Mr. Husker's Tuxedos Corp. ended the year 2012 with an average collection period of 39 days. The firm's credit sales for 2012 were $55.4 million.

What is the year-end 2012 balance in accounts receivable for Mr. Husker's Tuxedos?

 

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Finance Basics: What is the year-end 2012 balance in accounts receivable
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