February is wrong too!

Germaine Corporwin his found 80% of its sales in any month are createn wie the remand we cate of the credit sit maine Coonhos experienced the foowing otection patom 20 ore on the in the war the 24 ved the where 10 creded events for at your wore 300.000 i Dreww3710.000. Pred tre remos January .300 February 18.00 Math 100000 Requirement Prepare a cunctions to the town with or with more Wowowe St Germaine Corporation Cash Collections the For the Month of January through March January Faraty 1 64000 40000 Cathe Collection on credits 20% Month of sale ABS Months 24 Two month Total cash cofections 10.200 26400 110 23000 60000 121/120 15 Part 2 of 4 Nc thr St. Germaine Corporation has found that 60% of its sales in any given month are credit sales, while the remainder are cash sales. Of the credit sales, St. Germaine Corporation has experienced the following collection pattern: 20% received in the month of the sale 40% received in the month after the sale 24% received two months after the sale 16% of the credit sales are never received Jar Fel Mar Reg Prep your St. Germaine Corporation Cash Collections Budget For the Months of January through March January February $ 64,000 46000 Cash sales Collections on credit sales: 19,200 23000 20% Month of sale 40% Month after 24% Two months after Total cash collections 26,400 11.520 60000 26400 $ 121,120 155400 ove mainder are November sales for last year were $80,000, while December sales were $110,000. Projected sales for the next three months are as follows: January sales $ 160,000 February sales $ 115,000 March sales $ 200,000 Requirement Prepare a cash collections budget for the first quarter, with a column for each month and for the quarter. (Round your answers to the nearest whole dollar) St. Germaine Corporation has found that 60% of its sales in any given month are credit sales, while the remainder are cash sales. Of the credit sales, St. Germaine Corporation has experienced the following collection pattern: 20% received in the month of the sale 40% received in the month after the sale 24% received two months after the sale 16% of the credit sales are never received St. Germaine Corporation Cash Collections Budget For the Months of January through March January February 64,000 46000 Cash sales 19,200 23000 Collections on credit sales: 20% Month of sale 40% Month after 24% Two months after 26,400 60000 11,520 26400 121,120 155400 Total cash collections