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What are your cash collections in Q1, Q2, Q3, AND Q4? (in $ millions)? Intro It is the beginning of January. Actual sales for the
What are your cash collections in Q1, Q2, Q3, AND Q4? (in $ millions)?
Intro It is the beginning of January. Actual sales for the previous quarter (Q4) and estimated sales for the next four quarters are as follows (in $ million): Quarter Q4 Q1 Q2 Q3 Q4 Sales 65 72 79 87 96 30% of sales are cash sales and the remainder are credit sales which are collected in the following quarterStep by Step Solution
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