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11 points Simpson Glove Company has made the following sales projections for the next six months. All sales are credit sales. March April May June

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11 points Simpson Glove Company has made the following sales projections for the next six months. All sales are credit sales. March April May June July August S41,000 50.000 32.000 47,000 58,000 62.000 Sales in January and February were S41.000 and $39.000. respectively Experience has shown that of total sales receipts 10 percent collectable 40 percent are collected in the month of sale, 30 percent are collected in the following month and 20 percentare collected two months after sale Prepare a monthly cash receipts schedisle for the finn for March through August For the toolbar press ALT-F10 DO ALTENE

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