What are the cash collections in each of the four quarters

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Reference no: EM131360949

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?

Reference no: EM131360949

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