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Mellon Company ($ millions) Cash Budget May Jun Jul Aug Sep Oct Nov Dec Credit sales $95.00 $98.00 $100.00 $101.00 $103.00 $105.00 $108.00 $110.00 Credit
Mellon Company ($ millions) Cash Budget May Jun Jul Aug Sep Oct Nov Dec Credit sales $95.00 $98.00 $100.00 $101.00 $103.00 $105.00 $108.00 $110.00 Credit purchases 50.00 51.50 52.50 54.00 55.00 Jul Aug Sep Oct Nov Dec Cash receipts Collections from this months sales $19.80 $20.19 $20.58 $21.17 $21.56 Collections from previous months sales 70.00 70.70 72.10 73.50 75.60 Collections from sales two months previously 9.80 10.00 10.10 10.30 10.50 Total cash receipts
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