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Pediatric Partners has forecasted billed charges for the first six months of the year as show n in the table below. Based on historic collection
Pediatric Partners has forecasted billed charges for the first six months of the year as show n in the table below. Based on historic collection patterns, Pediatric Partners expects to collect charges as follows: 5 percent within 30 days, 85 percent within 60 days, and 5 percent within 90 days. The remaining 5 percent is expected to be uncollectible. What should be budgeted for cash collections in each of the months January through June
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