Determine end of coming year level of accounts receivable

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In the past a company's collection period has been 45 days. Using the percentage of sales method, determine the end of coming year level of accounts receivable that accompany the following sales levels if accounts receive able were a spontaneous asset.

A. 200,000 b. 400,000 c. 800,000 d. 1,600,000.

Reference no: EM13725289

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