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| Jackson Distributors sells to retail stores on credit terms of 2/10, net . Daily sales average 150 units at a price of $300 each. All sales are on credit and 60% of customers take the discount and pay on day 10 while the rest of the customers pay on day The amount of Jackson’s accounts receivable that is paid within the discount period is A. $1,350,000 B. $990,000 C. $900,000 D. $810,000 |