question archive Happy Games had sales last year of € 265 million, including cash sales of € 25 million

Happy Games had sales last year of € 265 million, including cash sales of € 25 million

Subject:AccountingPrice: Bought3

Happy Games had sales last year of € 265 million, including cash sales of € 25 million. If its average collection period was 36 days, it's ending accounts receivable balance is closest to? (Assume a 365-day year.) A- € 26,1 Million B- € 23,7 Million C- € 7,4 Million D- € 18,7 Million

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