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The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year: a . Accounts receivable at the beginning of the

The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year:
a. Accounts receivable at the beginning of the year are $330. The company has a 45-day collection period. Calculate cash
collections in each of the four quarters by completing the following:
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g.,32.
b. Accounts receivable at the beginning of the year are $330. The company has a 60-day collection period. Calculate cash
collections in each of the four quarters by completing the following:
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g.,32.
c. Accounts receivable at the beginning of the year are $330. The company has a 30-day collection period. Calculate cash
collections in each of the four quarters by completing the following:
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g.,32.
The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year:
Q1 Q2 Q3 Q4
Sales $ 570 $ 600 $ 660 $ 810
Accounts receivable at the beginning of the year are $330. The company has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following:
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g.,32.
Accounts receivable at the beginning of the year are $330. The company has a 60-day collection period. Calculate cash collections in each of the four quarters by completing the following:
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g.,32.
Accounts receivable at the beginning of the year are $330. The company has a 30-day collection period. Calculate cash collections in each of the four quarters by completing the following:
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g.,32.
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