Question
assigment 3 Assume that your credit sales for March was $37,944,for April was $25,283 and May was $31,724. If credit sales are collected 55% during
assigment 3
Assume that your credit sales for March was $37,944,for April was $25,283 and May was $31,724. If credit sales are collected 55% during the month of sale, 25% the month following the sale, and 15% in the second month following the sale, what is the total expected cash collections to be received in May? Round your answer to one dollar.
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IT And European Bank Performance
Authors: E. Beccalli
1st Edition
0230006949, 9780230006942
