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Green Ltd are preparing a cash budget for January. Its credit sales in the last 3 months were: October 80,000 November 60,000 December 100,000 Estimated

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Green Ltd are preparing a cash budget for January. Its credit sales in the last 3 months were: October 80,000 November 60,000 December 100,000 Estimated credit sales for January are 50,000. its recent debt collection experience is: % Paid in month of sale 20 Paid one month after sale 60 Paid two months after sale 10 Bad debts 10 A cash discount of 5% is taken for payment in the month of sale. Calculate how much Green Ltd expects to collect in cash in January

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