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M8-14 (Algo) Preparing Schedule of Cash Receipts [LO 8-4) points Getty Company expects sales for the first three months of nexty $320.000, respectively. Getty expects

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M8-14 (Algo) Preparing Schedule of Cash Receipts [LO 8-4) points Getty Company expects sales for the first three months of nexty $320.000, respectively. Getty expects 40 percent of its sales to be cash and the remainder to be credit sales. The credit sales will be collected as follows: 10 percent in the month of the sale and 90 percent in the following month. Skipped Compute a schedule of Getty's cash receipts for the months of February and March. eBook Print February March Budgeted cash receipts References M8-16 (Algo) Preparing Data for the Cash Budget LO (8-4) points Crew Clothing (CC) sells women's resort casual clothing to high end department stores and in its own retail boutiques. CC expects sales for January, February, and March to be $380.000, $110.000, and $460,000, respectively. Twenty percent of CC's sales are cash, with the remainder collected evenly over two months. During December, CC's total sales were $690,000. CC is beginning its budget process and has asked for your help in preparing the cash budget. Skipped eBook Compute CC's expected cash receipts from customers for each month. Print January February March References Budgeted cash receipts E8-4 (Algo) Calculating Unknowns Based on Production, Sales, Beginning and Ending Inventory Values (LO 8-3b) points Complete the following table: (Enter all values as positive values.) Skipped Production Beginning Inventory eBook Hint 700 NUMBER OF UNITS Sales Ending Inventory 400 125 70 700 1,300 145 195 800 300 Print 880 References 1,000 675 +205

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