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Below is PT MK's quarterly sales projection for 2020. Q1 Q2 Q3 Q4 Sales 175 145 230 200 If at the beginning of the year
Below is PT MK's quarterly sales projection for 2020.
| Q1 | Q2 | Q3 | Q4 |
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Sales | 175 | 145 | 230 | 200 |
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If at the beginning of the year the sales receivable was $ 250 and PT. QUIZ MK has a receivable collection period of 30 days. Count:
a) cash collection in each of the four quarters.
b) cash collection if it is assumed the collection period is 70 days.
c) cash collection if it is assumed the collection period is 45 days.
Note: The number of days in a quarter is 90 days
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