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Grippers expects total sales of $699,500 for January and $353,000 for February. November sales totaled $398,000 and December sales were $403,000. The following schedule
Grippers expects total sales of $699,500 for January and $353,000 for February. November sales totaled $398,000 and December sales were $403,000. The following schedule of cash receipts for January and February was prepared based upon the collection history given: (Click the icon to view the collection history.) (Click the icon to view the schedule of cash receipts.) (If an input field is not used in the table leave the input field empty; do not enter a zero.) Cash Receipts from Customers Total sales Cash Receipts from Customers: Nov.-Credit sales, collection of Nov. sales in Jan. Dec.-Credit sales, collection of Dec. sales in Jan. Dec.-Credit sales, collection of Dec. sales in Feb. Jan.-Credit sales, collection of Jan. sales in Jan. Jan.-Credit sales, collection of Jan. sales in Feb. Feb.-Credit sales, collection of Feb. sales in Feb. January February More Info January February Total cash receipts from customers Enter any number in the edit fields and then continue to the next question. Now assume tha 30% in the mon 30% in the mon 35% two month 5% never colled Prepare a revise 50% in the month of the sale 40% in the month after the sale 8% two months after the sale 2% never collected Print Done
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