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XYZ Corp. has forecasted the following quarterly sales amounts for the upcoming year: Q1 = $765; Q2 = $690; Q3 = $903; Q4 = $788
XYZ Corp. has forecasted the following quarterly sales amounts for the upcoming year:
Q1 = $765; Q2 = $690; Q3 = $903; Q4 = $788
Accounts receivable at the beginning of the year are $374, and XYZ has a 31-day collection period.
What are XYZs cash collections in the third quarter? (Round answer to 0 decimal places. Do not round intermediate calculations)
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