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Homework answers / question archive / Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales 340 360 380 450 Accounts receivable at the beginning of the year are 260
Company has projected the following quarterly sales amounts for the coming year:
Q1 Q2 Q3 Q4
Sales 340 360 380 450
Accounts receivable at the beginning of the year are 260. Company has a 30-day collection period. Calculate cash collections in 3rd quarter:
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