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Flowers R Us is a retailer and they have created a sales budget for the upcoming summer months: June July Sales in units 7,800 9,600
Flowers R Us is a retailer and they have created a sales budget for the upcoming summer months: June July Sales in units 7,800 9,600 Sales in dollars $ Aug 11,300 Sept 9,000 171,600 $211,200 $ 248,600 $ 198,000 Flowers R Us historical collection pattern is that 25% of sales are paid in cash immediately so the remaining 75% of sales are on credit. For the credit sales, the collection pattern is 55% in the month of the sale, 35% in the following month, and 10% of sales are uncollectible. What is the sales price per unit? Round your answer to the nearest whole number, do not enter in any decimals, Answer: What amount of sales from July would be cash sales? Round your answer to the nearest whole number, do not enter in any decimals, co Answer: What amount of sales from August would be credit sales? Round your answer to the nearest whole number, do not enter in any decimals, comm Answer: June's credit sales were $134,000. What would be the total cash collections for the month of July? Show all your calculati below. Round your answer to the nearest whole number, do not enter in any decimals, commas or dollar signs, e.g. 5. A BIO III E
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