The cash sales and credit sales projected for Sarahs Kitchen are as follows: January February March April
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The cash sales and credit sales projected for Sarah’s Kitchen are as follows:
January February March April May Cash $17,000 $19,640 $16,200 $15,380 $17,390 Credit 40,000 42,000 48,000 50,000 49,500 If collections of credit sales are 70% the first month and 30% the second month, what would be the cash receipts for March, April, and May?
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ISBN: 9780471692164
1st Edition
Authors: Agnes L DeFranco, Thomas W Lattin
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