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are 20% cash and loos credit. The company, colection histary indicates that credit sales are collected as follows: 25 in the month of the sale

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are 20% cash and loos credit. The company, colection histary indicates that credit sales are collected as follows: 25 in the month of the sale 60% in the month afer the sale 14\% two months after the arie Thave never collected Requirements 1. Prepare a sules budpot for all four monthis, showng the breakdown between cash and crest swles 2. Prepare a cant colection budpet for December and January. Round all answers up to the nearest dolar

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