Question
The Gruber Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales $ 650 $ 680 $ 760
The Gruber Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales $ 650 $ 680 $ 760 $ 830 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.) Recalculate the cash collections with a collection period of 30 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.
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