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Here is a forecast of sales by National Bromide for the first 4 months of 2015 (figures in thousands of dollars): Month: Cash sales Credit
Here is a forecast of sales by National Bromide for the first 4 months of 2015 (figures in thousands of dollars): Month: Cash sales Credit sales 1 21 130 2 30 150 3 24 120 4 20 100 On average, 50% of credit sales are paid for in the current month, 30% in the next month, and the remainder in the mo are the expected cash collections in months 3 and 4? (Enter your answers in whole dollars.) Expected cash collections Month 3 Month 4 $ $
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