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Each unit sells for $68 January February March April May June Forecasted Sales (units)- 30,000 27,000 22,000 36,000 28,000 24,000 Your cash collections are
Each unit sells for $68 January February March April May June Forecasted Sales (units)- 30,000 27,000 22,000 36,000 28,000 24,000 Your cash collections are 60% during the month of sale, 22% the next month and 12% two months later, 5% three months later and you never collect 1% Prepare a cash collections budget for April, May and June
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