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Almond Company has the following sales budget for the first four months of 2021: January 100.000 TL February 80.000 TL March 110.000 TL April 90.000
Almond Company has the following sales budget for the first four months of 2021: January 100.000 TL February 80.000 TL March 110.000 TL April 90.000 TL Historically, the following trend has been established regarding cash collection of sales: 65 percent in the month of sale 25 percent in month following sale 8 percent in the second month following sale 2 percent uncollectible The company allows a 2 percent cash discount for payments made by customers during the month of sale. How much cash would be collected in March from sales? Ltfen birini sein: a. 80.760 TL b. 110.500 TL c. 86.700 TL d. 122.700 TL e. 98.070 TL
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