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Note: for credit you must show your calculations for this problem. Now that you have polished your budgeting skills, you have created the following sales
Note: for credit you must show your calculations for this problem. Now that you have polished your budgeting skills, you have created the following sales budget: Month Cash Sales Credit Sales September $100,000 $200,000 October 125,000 180,000 November 130,000 210,000 December 135,000 190,000 Collections of credit sales are 50% in the month of sale, 40% in the month following sale and 10% two months following sale. No uncollectible accounts are expected. What are the estimated cash collections in November
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