Question
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 | $ | 3720 | $ | 4320 | $ | 4725 | $ | 5220 | ||||
Group of answer choices
$5055.00
$3150.00
$4590.00
$4120.00
$4455.00
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Foundations Of Financial Management
Authors: Stanley Block
8th Canadian Edition
0070965447, 9780070965447
