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Supposed at the beginning of the year, account receivables are $250

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Supposed at the beginning of the year, account receivables are $250. Firm X has a

30-day collection period. Please calculate

a) cash collection in each of the four quarters!

b) Rework question (a) assuming a collection period of 70 days.

c) Rework question (a) assuming a collection period of 45 days.

Notes: Number of days in one quarter is 90 days

Q1 Q2 Q3 Q4 Sales 175 145 230 200