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HoalthWorld is a retail store selling home axygen equipment. Health World also services home oxygen equipment, for which the company bills customers monthly. HealthWorld has
HoalthWorld is a retail store selling home axygen equipment. Health World also services home oxygen equipment, for which the company bills customers monthly. HealthWorld has budgeted for increases in service revenue of $300 each month due to a recent (Click the ioon to view the forecast of sales and service revonn Read the requiroments adverising campaign. The forecast of salos and service revenue for March-June 2018 is as follows 00k the ioon to view the coledin information. Requirement 1. Caloulate the cash that HealthWorld expects to oollect in May and in June 2018. Show caleulations for each month Start by showing the cash olioctions of sales revenue, ten complete the Schedule by ortering in service revenue lections and the total sh o lotions for eah moth Complete all aser bons t two woo no colections of revenue fr a oertain month, select"O%inthe "Coledon %, olumn adeter a in to appropriate May er Jure column) Gross Expected Revenue Collection % April May June Sales revenue: April sales revenue oollected in Apr May sales revenue collected in May June sales revenue collected in June 9215 9,500 x 8,800 10,300 x 97% 97% 97% 8,536 9,991 Service revenue: 1,440 4,800 March service revenue collected in Apr
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