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please answer both question thak. you The following is the sales budget for Lemonis, Incorporated, for the first quarter of 2021: January February March Sales

please answer both question
thak. you
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The following is the sales budget for Lemonis, Incorporated, for the first quarter of 2021: January February March Sales budget $ 185,000 $ 203,000 $ 225,000 Credit sales are collected as follows: 65 percent in the month of the sale. 20 percent in the month after the sale. 15 percent in the second month after the sale. The accounts receivable balance at the end of the previous quarter was $81,000 ($59,000 of which was uncollected December sales). a. Calculate the sales for November. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Calculate the sales for December. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. Calculate the cash collections from sales for each month from January through March. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) a. November sales b. December sales c. January cash collections c. February cash collections c. March cash collections Sexton Corporation has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 940 $ 1130 $1,210 $1,450 Sales in the year following this one are projected to be 15 percent greater in each quarter a. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that the company pays immediately. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate payments to suppliers assuming a 90-day payables period. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Calculate payments to suppliers assuming a 60-day payables period. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Q1 Q2 Q3 Q4 a. Payment of accounts b. Payment of accounts c. Payment of accounts +

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