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All of H's sales are on credit. The credit sales are collected as follows: Percent paid in month of sale Percent paid in first month

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All of H's sales are on credit. The credit sales are collected as follows: Percent paid in month of sale Percent paid in first month after the sale Percent paid ion second month after sale Percent paid in third month after sale 60% 10% 15% 15% The sales for the period under investigation are: January February March April May June July August $200,000 $350,000 $400,000 $500,000 $700,000 $400,000 $450,000 $250,000 How much cash will Thomas receive in June for June cash sales How much cash will Thomas receive in June for June credit sales How much cash will Thomas receive in June for February sales How much cash will Thomas receive in June for January sales How much will Thomas receive in June for May sales How much will Thomas receive in June for April sales How much will Thomas receive in June for March sales How much will Thomas receive total in June

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