The Geller Company has projected the following quarterly sales amounts for the coming year: Q1 $750 Q2 $780 Q3 $840 Q4 $990 Sales a. Accounts receivable at the beginning of the year are $510. The company has a 45- day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Q1 Q2 Q3 Q4 750 780 840 990 Beginning receivables Sales Cash collections Ending receivables b. Accounts receivable at the beginning of the year are $510. The company has a 60- day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Q1 Q2 Q3 Q4 Beginning receivables Sales 750 780 840 Cash collections Ending receivables c. Accounts receivable at the beginning of the year are $510. The company has a 30- day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Q1 Q2 Q3 Q4 750 780 840 990 Beginning receivables Sales Cash collections Ending receivables Cash collections J A The Geller Company has projected the following quarterly sales amounts for the coming year: Q1 $750 Q2 $780 Q3 $840 Q4 $990 Sales a. Accounts receivable at the beginning of the year are $510. The company has a 45- day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Q1 Q2 Q3 Q4 750 780 840 990 Beginning receivables Sales Cash collections Ending receivables b. Accounts receivable at the beginning of the year are $510. The company has a 60- day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Q1 Q2 Q3 Q4 Beginning receivables Sales 750 780 840 Cash collections Ending receivables c. Accounts receivable at the beginning of the year are $510. The company has a 30- day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Q1 Q2 Q3 Q4 750 780 840 990 Beginning receivables Sales Cash collections Ending receivables Cash collections J A
