Edgewater Industrial Products has a 45 day accounts receivable period. The estimated quarterly sales for this year, starting with the first quarter, are $2,800, $3,100, $4,200, and $3,300, respectively. How much does the firm expect to collect in the fourth quarter? Assume that a year has 360 days.

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The Answer of Edgewater Industrial Products has a 45 day accounts receivable period. The estimated quarterly sales for this year, starting with the first quarter, are $2,800, $3,100, $4,200, and $3,300, respectively. How much does the firm expect to collect in the fourth quarter? Assume that a year has 360 days.

Edgewater Industrial Products Has a 45 Day Accounts Receivable Period