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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 $ 3,530 $ 4,035 $ 4,535 $ 4,935
$4,368.33
$3,023.33
$4,801.67
$3,866.67
$4,201.67
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