Below are PT KMK projected quarterly sales for 2020.
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
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