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If 20% of sales are cash, 50% of credit sales are collected during the month following the sale, and the remaining credit sales are collected

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If 20% of sales are cash, 50% of credit sales are collected during the month following the sale, and the remaining credit sales are collected two months after the sale, what is the formula in D6? a) D2*0.6 b)-C2*0.10 c) -B2*0.40 d) D2*0.40 e) -C2*0.10 7) 1 September October Novembe 90,000 120,000 135,000 2 Sales 4 Cash 6 Second Month 20,250 48,000

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