Beginning receivables Sales Cash collections Q1 $ 420.00 $ Q2 Q3 Q4 415.00 $ 430.00 $...

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Beginning receivables Sales Cash collections Q1 $ 420.00 $ Q2 Q3 Q4 415.00 $ 430.00 $ 470.00 830 835.00 860 940 970 845.00 900.00 955.00 Ending receivables $ 415.00 $ 430.00 $ 470.00 $ 485.00 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.) Q1 Q2 Q3 Q4 Beginning receivables Sales $ 420.00 $ Cash collections 830 143.33 553.33 $ 860 573.33 $ 940 626.67 970 Ending receivables $ 553.33 $ 573.33 $ 626.67 $ 646.67 c. Recalculate the cash collections with a collection 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.) Q1 Q2 Q3 Q4 Beginning receivables Sales $ 420.00 $ 830 276.67 $ 860 286.67 $ 940 313.33 970 Cash collections Ending receivables $ 276.67 $ 286.67 $ 313.33 $ 323.33 Beginning receivables Sales Cash collections Q1 $ 420.00 $ Q2 Q3 Q4 415.00 $ 430.00 $ 470.00 830 835.00 860 940 970 845.00 900.00 955.00 Ending receivables $ 415.00 $ 430.00 $ 470.00 $ 485.00 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.) Q1 Q2 Q3 Q4 Beginning receivables Sales $ 420.00 $ Cash collections 830 143.33 553.33 $ 860 573.33 $ 940 626.67 970 Ending receivables $ 553.33 $ 573.33 $ 626.67 $ 646.67 c. Recalculate the cash collections with a collection 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.) Q1 Q2 Q3 Q4 Beginning receivables Sales $ 420.00 $ 830 276.67 $ 860 286.67 $ 940 313.33 970 Cash collections Ending receivables $ 276.67 $ 286.67 $ 313.33 $ 323.33