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A health care system has forecast net patient revenue int he first 3 month of the year as follows. January $60 million, February $80 million, March $100 million. 60% of services are usually paid for in the month that they place and 40% in the following month. Receivable at the end of December were $24 million. What are the forecasted collocations on accounts receivable in March?

A. 88 million

B. 92 million

C. 100 million

D. 140 million

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91559369

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