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Alderman Corporation has found that 80 ?% of its sales in any given month are credit? sales, while the remainder are cash sales. Of the

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Alderman

Corporation has found that

80

?%

of its sales in any given month are credit? sales, while the remainder are cash sales. Of the credit? sales,

Alderman

Corporation has experienced the following collection? pattern:

25% received in the month of the sale

50% received in the month after the sale

15% received two months after the sale

10% of the credit sales are never received

Corpo ived two Col 25% Month 50% Month at collocti paltet ths ater the Alde Corpurt Collect rough M edi, sal while live Quurler les, or ley, Al Prewar st yea while Ceuertite 145.000 12s, 020 s 165,000 00. Proje ded les whole dollar

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