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The Litzenberger Company has projected the following quarterly sales amounts for the coming year. Sales Q1 $740 Q2 $770 Q3 $850 04 $930 Beginning receivables

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The Litzenberger Company has projected the following quarterly sales amounts for the coming year. Sales Q1 $740 Q2 $770 Q3 $850 04 $930 Beginning receivables is $330. Calculate cash collections with a collection period of 60 days

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