Company has sales forecasts of the following january 40000


Company has sales forecasts of the following: January = $40,000; February = $65,000; March = $52,850. All sales are on account and are collected as follows: 20% in the current month, 50% in the month following, 25% in the second month following, and 5% uncollectible. What are the cash receipts for March?

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Financial Accounting: Company has sales forecasts of the following january 40000
Reference No:- TGS01047044

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