92.
A firm reports sales of €50,000 for the year ended 31 December 2012. Its accounts receivable balances were €6,000 at 1 January 2012, and €7,500 at 31 December 2012. The company's cash collections from sales for 2012 is closest to: A. €51,500. B. €48,500. C. €42,500. 399388
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