Month Sales $ Month Sales $ Jan 42,175 July 14,603 Feb 19,251 Aug 34,663 Mar 34,663 Sep
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Question:
Month | Sales $ | Month | Sales $ |
Jan | 42,175 | July | 14,603 |
Feb | 19,251 | Aug | 34,663 |
Mar | 34,663 | Sep | 42,175 |
Apr | 14,603 | Oct | 34,663 |
May | 42,175 | Nov | 19,251 |
June | 19,251 | Dec | 14,603 |
Sales are collected as follows:
In the month of Sales: 25% In the next month: 34% After 2 months: 11% After 3 months: remainder is collected
Calculate the cash collection for December.
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.
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