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CASH COLLECTIONS: (9 POINTS) Jan Feb Mar Jan Sold 2000 units Feb Sold 3000 units Mar Sold 4000 units Total collections per month =
CASH COLLECTIONS: (9 POINTS) Jan Feb Mar Jan Sold 2000 units Feb Sold 3000 units Mar Sold 4000 units Total collections per month = EACH UNIT SOLD AT $10 CASH COLLECTED Dec 31, AR is $2000 Normally Receive 50% in month of sale Receive 40% in 2nd month after sales Receive 10% in 3rd month after sale
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