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hort-term financing i The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year. Q1 @2 Q3 Q4 Sales $770

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hort-term financing i The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year. Q1 @2 Q3 Q4 Sales $770 $800 $880 $960 58:14 a. Accounts receivable at the beginning of the year are $360. The company has a 45- day collection period Calculate cash collections in each of the four quarters by completing the following (A negative answer should be indicated by a minus sign. Round your answers to 2 decimal places, e.g., 32.16.): Q4 @3 Q2 Q1 $ 360.00 770 00 800.00 880.00 960.00 Beginning receivables Sales Cash collections Ending receivables

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