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Dillingham, Incorporated, 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, Incorporated, has a 60-day collection period. The projected sales for each quarter next year are shown below. What are collections for the third quarter?
Q1Q2Q3Q4Sales$ 3,590$ 4,125$ 4,595$ 5,025
Multiple Choice
$4,281.67
$4,881.67
$3,946.67
$4,438.33
$3,063.33
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