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only final answerr RAK Clothiers has forecast credit sales for the fourth quarter of the year as: September (actual).............. $40,000 Fourth Quarter October............ $42747 November....
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RAK Clothiers has forecast credit sales for the fourth quarter of the year as: September (actual).............. $40,000 Fourth Quarter October............ $42747 November.... 35,000 December............... 70,000 Experience has shown that 50 percent of sales are collected in the month of sale, 40 percent in the following month, and 10 percent are never collected. How much is cash collection in the month of October (ANSWER FORMAT: 123456.50] Step by Step Solution
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