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The morning jolt coffee has projected the followin...

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The morning jolt coffee has projected the following quarterly sales amounts for the coming year. Sales Q1 Q2 Q3 Q4 $790 $740 $870 $ 950 Accounts receivable at the beginning of the year are $360. Morning Jolt has a 45 day collection period a 60 day collection and a 30 day collection. Calculate cash collected in each of the four quarter by completing the following. Beginning Receivables Sales Cash collections ending receivables

 

Paper#11947 | Written in 18-Jul-2015

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