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answer for january, febuary and march o X E9-28A (similar to) Alderman Corporation has found that 70% of its sales in any given month are

answer for january, febuary and march
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o X E9-28A (similar to) Alderman Corporation has found that 70% of its sales in any given month are credit sales, while the remainder we 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 22% received two months wher the sale 3% of the credit sales are never received Eestion Help November sales for last year were $85,000, while December sales were $110,000. Proces for and three months are as follows: January sales $ 145.000 February $ 125,000 Marche $ 180.000 Requirement Prepare a cash collections budget for the first quarter with a column for each month and for the quarter (Round your wers to the nearest whole dollar) Alderman Corporation Cash Collections Budget For the Months of January through March January Cash sales Collections on credit sales 25 Month of 50% Month after 22% Two months wher Total cash collections Enter any number in the edit fields and then click Check Answer Check Answer CA Clear 1 3 parts Dining

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