Foster Pharmaceuticals updated its Forecast Receivable Collection Pattern.
Large Retail Chain 1
Large Retail Chain 2
Regional Drug Store
Small Grocery Chain
• There is no other update.
Question 1-1. (6 points) Provide the updated Average Collection Period. Please show your all works using Excel.
Question 1-2. (7 points) Provide the updated Aging Schedules of the end of May. Please show your all works using Excel.
Question 1-3. (7 points) Provide the updated Uncollected Balances Schedules of the end of April. Please show your all works using Excel.
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