The jernabi coffee company has projected the following, Ask an Expert

Finance

The Jernabi Coffee company has projected the following quarterly sales amounts:

1-$820

2-$850

3-$930

4-$1,010

Accounts receivable at the beginning of the year are $365. The company has a 45 day collection period. What are the cash collections in each of the four quarters?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92173793

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