Below are PT KMK projected quarterly sales for 2020. Q1 Q2 Q3 Q4 Sales 175 145 230 200 Supposed at the beginning of the year, account receivables are $250. PT KMK has a 30-day collection period....


Below are PT KMK projected quarterly sales for 2020.



















Q1Q2Q3Q4
Sales175145230200

Supposed at the beginning of the year, account receivables are $250. PT KMK has a 30-day collection period. Please calculate




a) cash collection in each of the four quarters!
b) Rework question (a) assuming a collection period of 70 days.
c) Rework question (a) assuming a collection period of 45 days.
Notes: Number of days in one quarter is 90 days



Jun 10, 2022
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