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Gem Service anticipates the following sales revenue over a five - month period : please also include the info for months feb march its just

Gem Service anticipates the following sales revenue over a five - month period : image text in transcribed
please also include the info for months feb march its just locked still so you dont see it
Gem Service anticipates the following sales revenue over a five-month period: Click the icon to view the sales data.) The company's sales are 40% cash and 60% credit. Its collection history indicates that credit sales are collected as follows: (Click the icon to view the collections data.) How much cash will be collected in January? In February? In March? For the quarter in total? Complete the cash budget to determine how much cash will be collected in January, February, March and for the quarter in total. (Round your answers to the nearest Whole dollar.) - i More Info Gem Service Cash Collections Budget For the Months of January through March January Cash sales Collection of credit sales: 20% in the month of the sale 40% in the month after the sale 25% two months after the sale 15% are never collected 20% Month of sale 40% Month after 25% Two months after Print Done Total cash collections Data Table November December January February s 12,400 March 14,000 $ 16,600 Sales revenue $ 10,400 $ 15,200 $ Print Done Leon

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