National beverage company anticipates the following first


National Beverage Company anticipates the following first quarter sales for 2015: January: $1,800,000 February: $1,600,000 March: $2,100,000 It posted the following sales figures for the last quarter of 2014: October: $1,900,000 November: $2,050,000 December: $2,200,000 The company sells 40% of its product on credit, and 60% are cash sales. The company collects credit sales as follows: 30% in the following month, 50% two months later, and 18% three months later, with 2% defaults. What are the anticipated cash inflows for the first quarter of 2015?

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Financial Management: National beverage company anticipates the following first
Reference No:- TGS02151194

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