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The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming...

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Accounting

The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year:
Q1 Q2 Q3 Q4
Sales $ 850 $ 880 $ 960 $ 1,040
a.
Accounts receivable at the beginning of the year are $365. The company has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.):
b.
Recalculate the cash collections with a collection period of 60 days. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.)
c.
Recalculate the cash collections with a period of 30 days. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.)The Morning Jolt Coffee Company has projected the following quarterly sales amounts
for the coming year:
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