Question
10 CBC Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales $780 $810 $890 $970 If the
10
CBC Company has projected the following quarterly sales amounts for the coming year:
| Q1 | Q2 | Q3 | Q4 | |
| Sales | $780 | $810 | $890 | $970 |
If the Accounts Receivable at the beginning year are $370, and the company has a 60-day collection period, what are the Cash Collections in Q1 and Q2?
Group of answer choices
$630; $530
$630; $790
$260; $530
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Gapenski's Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Kristin L. Reiter, Paula H. Song
7th Edition
1640551867, 9781640551862
