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jan Feb and march , quarter total = II Part 1 of Re Garnet Service anticipates the following sales revenue over a five-month period: Click
jan Feb and march , quarter total = II Part 1 of Re Garnet Service anticipates the following sales revenue over a five-month period: Click the icon to view the sales data.) The company's sales are 20% cash and 80% credit. Its collection history indicates that credit sales are collected as follows: (Click the icon to view the collections data.) How much cash will be collected in January? In February? In March? For the quarter in total? . Complete the cash budget to determine how much cash will be collected in January, February, March and for the quarter in total (Round your answers to the nearest whole dollar.) Garnet Service Cash Collections Budget For the Months of January through March January Cash sales Collection of credit sales: 20% Month of sale 40% Month after 25% Two months after Total cash collections mpany's sales ale 20% March? For the quarter in total? Data table November December January $ 15,000 February $ 12,400 March $ 14,400 $ 10,400 Sales revenue .......$ 16,400 Print Done Lal cash collections cash and 80% credit. How much cash will be collected in Jan March? For the quarter in total? More info M 20% in the month of the sale 40% in the month after the sale 25% two months after the sale $ 15% are never collected Print Done
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