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please comete the cash collections The Litzenberger Company has projected the following quarterly sales amounts for the coming year. Sales 01 $799 02 $820 03

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The Litzenberger Company has projected the following quarterly sales amounts for the coming year. Sales 01 $799 02 $820 03 $900 $980 a. Accounts receivable at the beginning of the year are $380. The company has a 45-day collection period. Calculate cash collect in each of the four quarters by completing the following: (Do not round Intermediate calculations and round your answers to 2 decimal places, e... 32.16. A negative answer should be indicated by a minus sign.) 5 450 Beginning receivables Sales Cash collections Ending receivables b. Recalculate the cash collections with a collection period of 60 days. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. A negative answer should be indicated by a minus sign.) $ 526.67$ 546.67 Beginning receivables Sales Cash collections Ending receivables c. Recalculate the cash collections with a collection period of 30 days. (Do not round Intermediate calculations and round you answers to 2 decimal places, e.g., 32.16. A negative answer should be indicated by a minus sign.) 3805 263.38 273.35 $ Beginning receivables Sales Cash collections Ending receivables 263.33 273 33 326.67

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