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Browning Company's sales budget shows the following expected total sales: Month Sales January $ 24,000 February $ 31,000 March $ 36,000 April $ 41,000 The
Browning Company's sales budget shows the following expected total sales: Month Sales January $ 24,000 February $ 31,000 March $ 36,000 April $ 41,000 The company expects 70% of its sales to be on account (credit sales). Credit sales are collected as follows: 25% in the month of sale, 70% in the month following the sale with the remainder being uncollectible and written off. The total cash inflows from sales in April would be: $37,115. how to get his
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