motion pering Collection Corporations Serveis presented below December Caches $185.00 $ 14,000 $ 57,000 Credit sales 59,00 243,000 Total sales $39.00 Management states that were come of the collectie creates con rely to be collected in the month of all and the reader in the month owing the month of sale The company desire to begin contato 75of these prosected for the month All purchases of inventory are on open account 20% bedemorth or purchase and the mander une morth in the month of the Purchase we are 50's of the signes Tobodgieter Duchesnece by Colection Corpora DES . wormation pertaning to Collection Corporales revene presented below Cash sales Credit sal Tutal ales $105.000 207.000 3402,000 314,000 450,000 $ 995,000 January $ 17,000 243,000 $ 330,00 Management estimates that of the wre eventually collector of the collectible credit sales, GoMare kely to be collected in the root of and the remanded in the months own the month of The company desto begin each month with an inventory equal to 75% of the sales projected for the month Alpurchases of inventory are on occount 20% will be paid in the month of purchase and the reminderit in the month foowing the month of purchase Purchase costs are protely 50% of the series To budgetventory burches in December by Collection Corporations are Total sales 402,000 1 593,000 Management estimates that of credit sales are eventually uncollectie. Of the collectible credit sales, 60% are rely to be collected in the month of sale and the remainder in the month following the month The company deses to begin each month with an entory equal to 75% of the sales projected for the month purchases of inventory are on open account 20% will be paid in the month of purchase and the remainder paid in the month following the month of purchase. Puchate cou are approximately 50% of the selling prices Total budgeted Inventory purchases in December by Collection Corporation's are: Multiple Choir o 510275 5296 500 o 5123750 57406