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Based on the data below, with a collection period of 60 days what are cash collections in Q2? With a collection period of 30 days
Based on the data below, with a collection period of 60 days what are cash collections in Q2? With a collection period of 30 days what are cash collections in Q3? With a collection period of 45 days what are cash collections in Q4? (format $xxx as needed, no cents)
Beginning A/R $335
a. Collection Period 45
b. Collection Period 60
c. Collection Period 30
Sales:
Q1 $545
Q2 $598
Q3 $575
Q4 $795
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