How much is the cash collection for quarter 2

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Reference no: EM132023271

Tall Guys Clothing has a 45 day collection period. Sales for the next calendar year are estimated at $2, 100, $1, 600, $2, 500 and $2, 300, respectively, by quarter, starting with the first quarter of the year.

Assume a year has 360 days.

How much is the cash collection for quarter 2?

How much is the cash collection for quarter 4?

Reference no: EM132023271

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