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please answer it in 30 minutes please answer ASAP Sales Expenses Month $678,685 $289,003 September $420,472 $114,706 October $556,347 $143,906 November $778,509 $212,880 December Cash-in
please answer it in 30 minutes
please answer ASAP
Sales Expenses Month $678,685 $289,003 September $420,472 $114,706 October $556,347 $143,906 November $778,509 $212,880 December Cash-in AIR Total Cash In ? SOLVE? Cash-out A/P Depreciation Total Cash- out Cash Available 38% of sales are budgeted to be collected as cash in the month the sales are earned, wh ? SOLVE? ash-out IP epreciation Total Cash- but Cash Available . 38% of sales are budgeted to be collected as cash in the month the sales are earned, while the remaining amount will be collected in the following month. 27% of expenses are budgeted to be paid out as cash in the month the expense is incurred, while the remaining amount will be paid in the following month. The depreciation expense for each month has been calculated as $81,134 Expenses Month $268,567 September $216,024 October $83,102 November $225,232 December Cash-in A/R Total Cash In ? SOLVE? Cash-out A/P Depreciation Total Cash- out Cash Available 60% of sales are budgeted to be collected in the month after sales are earned, whi remaining amount is to be collected as cash in the month earned. ? SOLVE? Cash-out A/P Depreciation Total Cash- out Cash Available 60% of sales are budgeted to be collected in the month after sales are earned, while the remaining amount is to be collected as cash in the month earned. 32% of expenses are budgeted to be paid in the month after expenses are incurred, whi the remaining amount is to be paid as cash in the month incurred. The depreciation expense for each month has been calculated as $120,034 Step by Step Solution
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