Which is approximate cash collections amount for qquarter

Reference no: EM13125736

Assume Green Leaf Nursery anticipated sales of $500 in this quarter. Accounts receivable at the beginning of the quarter was $300. Assuming a collection period of 30 days, which is the approximate cash collections amount for the quarter?

$550
$630
$250
$170
None of the above

Reference no: EM13125736

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