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If a firm adopts a 90-day cash collection policy :100% of sales collected in the following quarter. If the sales estimate for Q1 to Q4
If a firm adopts a 90-day cash collection policy :100% of sales collected in the following quarter.
If the sales estimate for Q1 to Q4 are as follows: 400, 300, 200 and 150.
What is Q3's cash collections?
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