A Firm Has Average Accounts Receivable of $85,000,and,on Average,takes 50

Multiple Choice

A firm has average accounts receivable of $85,000,and,on average,takes 50 days to collect on its sales.What is the total amount of the firm's sales?

A) $98,500
B) $620,500
C) $26.8 million
D) $78 million
E) $31 million