Ac company has the following projected sales month sales , Financial Management

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Ac company has the following projected sales month sales

ABC Company has the following projected sales: Month Sales $ Jan 31,680 Feb 26,920 Mar 23,444 Apr 49,771 22% of the sales are on cash and the remainder are on credit. Out of the credit sales, 53% are collected in the first month after sale, 24% are collected in the second month after sale, and the remainder are collected in the third month after sale. What is the amount of the April collections?

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Financial Management: Ac company has the following projected sales month sales

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Financial Management: Ac company has the following projected sales month sales

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