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The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales $ 330 $ 390

The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year:

Q1 Q2 Q3 Q4
Sales $ 330 $ 390 $ 450 $ 600

a) Accounts receivable at the beginning of the year are $360. 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.

Q1 Q2 Q3 Q4
Beginning receivables
Sales 330 390 450 600
Cash collections
Ending receivables

b) Accounts receivable at the beginning of the year are $360. 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.

Q1 Q2 Q3 Q4
Beginning receivables
Sales 330 390 450 600
Cash collections
Ending receivables

c) Accounts receivable at the beginning of the year are $360. 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.

Q1 Q2 Q3 Q4
Beginning receivables
Sales 330 390 450 600
Cash collections
Ending receivables

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