Emails us- Call US

Assignment help 431

Calculating Cash Collections

The Litzenberger Company has projected the following quarterly sales amounts for the coming year:

 Q1Q2Q3Q4 Sales$760 $790 $870 $950  

a. Accounts receivable at the beginning of the year are $350. The company has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following: 

 Q1 Q2 Q3 Q4 Beginning receivables$ $ $ $ Sales 760  790  870  950 Cash collections        Ending receivables$ $ $ $  

b. Recalculate the cash collections with a collection period of 60 days. 


15% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!

Why US?

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.