The Oz-man Company has projected the following quarterly sales amounts for the coming year:
Sales Q1 $3600 Q2 $3300 Q3 $2400 Q4 $5600
Q1 Q2 Q3 Q4
b. Rework (a) assuming a collection period of 60 days.
c. Rework (a) assuming a collection period of 30 days.© BrainMass Inc. brainmass.com June 3, 2020, 6:41 pm ad1c9bdddf
The solution explains how to calculate cash collections given the collection period.