Business, 22.04.2020 16:02 lisbethtsu5309

Indigo Corporation significantly reduced its requirements for credit sales. As a result, sales during the current year increased dramatically. It had receivables at the beginning of the year of $35,100 and ending receivables of $196,800. Credit sales were $361,800.

(a) Determine cash collections during the period.

(b) Cash collections during the period $

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