A health system has forecast net patient revenue in the first 3 months of the year as follows (figures in millions): January, $60; February, $80; March, $100. 60% of services are usually paid for in the month that they take place and 40% in the following month. Receivables at the end of December were $24 million. What are the forecasted collections on accounts receivable in March?

A.$88 million

B.$92 million

C.$100 million

D.$140 million

13. A health system has forecast net patient revenue in the first 3 months of the year as follows (figures in millions): January, $90; February, $20; March, $30. 70% of services are usually paid for in the month that they take place and 30% in the following month. Receivables at the end of December were $20 million. What are the forecasted collections on accounts receivable in March?

A.$27 million

B.$50 million

C.$23 million

D.$35 million

14. A health system has forecast net patient revenue in the first 3 months of the year as follows (figures in millions): January, $80; February, $60; March, $40. 70% of services are usually paid for in the month that they take place, 20% in the following month, and the final 10% in the next month. Receivables at the end of December were $23 million. What are the forecasted collections on accounts receivable in March?

A.$180 million

B.$13 million

C.$40 million

D.$48 million

15. A health system has forecast net patient revenue in the first 3 months of the year as follows (figures in millions): January, $200; February, $140; March, $100. 50% of services are usually paid for in the month that they take place, 30% in the following month, and the final 20% in the next month. Receivables at the end of December were $100 million. What are the forecasted collections on accounts receivable in March?

A.$132 million

B.$100 million

C.$240 million

D.$92 million

16. A health system has forecast net patient revenue in the first 3 months of the year as follows (figures in millions): January, $200; February, $140; March, $200. 70% of services are usually paid for in the month that they take place, 20% in the following month, and the final 10% in the next month. Receivables at the end of December were $100 million. What are the forecast for outstanding receivables at the end of March?

A.$132 million

B.$100 million

C.$78 million

D.$92 million