The Jallouk Company has projected the following quarterly sales amounts for the coming year:
Q1 Q2 Q3 Q4
Sales $690 $720 $780 $930
a. Accounts receivable at the beginning of the year are $450. The company has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)
b. Accounts receivable at the beginning of the year are $450. The company has a 60-day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)
c. Accounts receivable at the beginning of the year are $450. The company has a 30-day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)