What is the approximate balance in accounts receivable

Reference no: EM131962702

Question: CornProducts Corp. ended the year 2013 with an average collection period of 40 days. The firm's credit sales for 2011 were $9 million. What is the approximate year-end 2013 balance in accounts receivable for Corn Products? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131962702

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What is the approximate balance in accounts receivable : CornProducts Corp. ended the year 2013 with an average collection period of 40 days. The firm's credit sales for 2011 were $9 million.

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