The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year:     Q1 Q2 Q3 Q4 Sales $ 750 $ 810 $ 890 $ 980   Accounts receivable at the beginning of the year are $335. The company has a 45-day collection period. Recalculate the cash collections with a collection period of 30 days.       Q1 Q2 Q3 Q4 Beginning receivables         Sales 750.00 810.00 890.00 980.00 Cash collections         Ending receivables

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Conversion Cycle

Conversion cycle is also known as cash cycle or net operating cycle. Conversion cycle refers to how much time a company takes to turn its investments which is done from stock or any other financial resources into cash flows from sales.