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Brooklyn Studios sales are all made on account. The firms collection experience has been that 28% of a months sales are collected in the month
Brooklyn Studios sales are all made on account. The firms collection experience has been that 28% of a months sales are collected in the month the sale is made, 48% are collected in the month following the sale, and 22% are collected in the second month following the sale. The sales forecast for the months of September through December is as follows:
September$ 236,000
October279,000
November301,000
December364,000
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