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The Bass Company has projected the following quarterly sales amounts for the coming year: Q1 $540 Q2 $570 Q3 $630 Q4 $780 Sales Required. (a)
The Bass Company has projected the following quarterly sales amounts for the coming year: Q1 $540 Q2 $570 Q3 $630 Q4 $780 Sales Required. (a) Accounts receivable at the beginning of the year are $300. Bass has a 45-day collection period. intermediate calculations. Round your answers to the nearest dollar amount (e.g., 32) Q1 Calculate cash collections in each of the four quarters by completing the following (Do not round Q2 Q3 Q4 Beainnina receivables Sales Cash collections 540 570 630 780 Ending receivables (b) Accounts receivable at the beginning of the year are $300. Bass has a 60-day collection period. intermediate calculations. Round your answers to the nearest dollaramount (e.g., 32)): Q1 Calculate cash collections in each of the four quarters by completing the following (Do not round Q2 Q3 Q4 Beainnina receivables Sales Cash collections 540 570 630 780 Ending receivables
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