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The MacFarlane Company has projected the following quarterly sales amounts for the coming year 01 $8,340 03 $9,510 04 8,010 S10,110 a. Accounts receivable at
The MacFarlane Company has projected the following quarterly sales amounts for the coming year 01 $8,340 03 $9,510 04 8,010 S10,110 a. Accounts receivable at the beginning or the year are 54,110. The company has a 45-day collection period. cakculate cash collections in each of the tour quarters by completing the tollowing (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Beginning receivables Sales Cash coleclions 510 Ending receivablas b. Accounts receivable at the beginning of the year are $4,110. 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.) 8,340 10,110 9510 Sales Cash collections Ending receivables c. Accounts receivable at the beginning of the year are S4,110. The company has a 30-day colection period. Cakculate 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, .g, 32.) 01 04 Beginning recevabl Sales Cash colections es 340 10,110 9,510 Ending receivables
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