Candy Company projects the following sales:

View the projected sales.

Candy Company collects sales on account in the month after the sale. The Accounts Receivable balance on January $1$ is $$12,100,$ which represents December's sales on account. Candy Company projects the following cash receipts from customers:

View the cash receipts from customers.

Recalculate cash receipts from customers if total sales remain the same but cash sales are only $5\%$ of the total.

Begin by computing the cash sales and sales on account for each month if cash sales are only $5\%$ of the total.

$\backslash$table$[[,$January,February,March,$],[$Cash sales $(5\%),,,,],[$Sales on account $(95\%),,,,],[$Total sales,,,,$]]$

Projected Sales

$\backslash$table$[[,,$tuary,February,March$],[$Cash sales $(10\%),$$$,3,400$$$,3,200s,2,900],[$Sales on account $(90\%),,30,600,28,800,26,100],[$Total sales,$$,34,000S,32,000s,29,000]]$

Cash Receipts From Customers

$\backslash$table$[[,,$uary,February,March$],[$Cash receipts from cash sales,$$,3,400$$$,3,200$$$,2,900],[$Cash receipts from sales on account,,$12,100,30,600,28,800],[$$$,15,500,33,800s,31,700]]$