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ABC Company has projected the following quarterly sales amounts for the coming year: Q1 $780 Q2 $810 Q3 $890 Sales Q4 $970 If the Accounts

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ABC Company has projected the following quarterly sales amounts for the coming year: Q1 $780 Q2 $810 Q3 $890 Sales Q4 $970 If the Accounts Receivable at the beginning year are $370, and the company has a 45-day collection period, what are the Cash Collections in Q1 and Q2? $760; $390 $760; $795 $390; $795

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