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Dillingham, Inc., has a 60-day collection period. The projected sales for each quarter next year are shown below. What are collections for the third quarter?
Dillingham, Inc., has a 60-day collection period. The projected sales for each quarter next year are shown below. What are collections for the third quarter?
Q1 | Q2 | Q3 | Q4 | |||||||||
Sales | $ | 3,540 | $ | 4,050 | $ | 4,545 | $ | 4,950 | ||||
Multiple Choice
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$4,215.00
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$4,380.00
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$3,030.00
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$4,815.00
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$3,880.00
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