ery ts Question 2 1/1 pts Cara Company has the following sales budget for the last...

Transcribed Image Text:

ery ts Question 2 1/1 pts Cara Company has the following sales budget for the last six months of 2018: Credit Sales Cash Sales $125,000 $20,000 Month Proctor July August $90,000 $25,000 September $120,000 $30,000 October $90,000 $40,000 November $100,000 $25.000 December $120,000 $27,000 1 Historically, the cash collection of sales has been as follows: 50% of sales collected in the month of sale, 25% of sales collected in the month following the sale, 10% of sales collected in the second month following the sale, and 5% of sales are uncollectible. MacBook Pro ery ts Question 2 1/1 pts Cara Company has the following sales budget for the last six months of 2018: Credit Sales Cash Sales $125,000 $20,000 Month Proctor July August $90,000 $25,000 September $120,000 $30,000 October $90,000 $40,000 November $100,000 $25.000 December $120,000 $27,000 1 Historically, the cash collection of sales has been as follows: 50% of sales collected in the month of sale, 25% of sales collected in the month following the sale, 10% of sales collected in the second month following the sale, and 5% of sales are uncollectible. MacBook Pro