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please complete calculation for january, february, march and for the quarter in total. show solution. Garnet Service anticipates the following sales revenue over a five-month
please complete calculation for january, february, march and for the quarter in total. show solution. Garnet Service anticipates the following sales revenue over a five-month period: Click the icon to view the sales data.) The company's sales are 20% cash and 80% credit. Its collection history indicates that credit sales are collected as follows: Click the icon to view the collections data.) How much cash will be collected in January? In February? In March? For the quarter in total? Complete the cash budget to determine how much cash will be collected in January, February, March and for the quarter in total. (Round your answers to the nearest whole dollar.) Garnet Service Cash Collections Budget For the Months of January through March January February Cash sales 3,080 Collection of credit sales: 20% Month of sale 2,464 40% Month after 3,328 30% Two months after 4,008 Total cash collections $ 12,880 Garnet Service anticipates the following sales revenue over a five-month period: (Click the icon to view the sales data.) The company's sales are 20% cash and 80% credit. Its collection history indicates that credit sales are collected as follows: (Click the icon to view the collections data.) How much cash will be collected in January? In February? In March? For the quarter in total? Complete the cash budget to determine how much cash will be collected in January, February, March and for the quarter in total. (Round your answers to the nearest whole dollar) Data Table X December Sales revenue November $ 16,700 March January 15,400 -- $ 10,400 February S 12,600 $ $ 14,400 Print Done Total cash collections T20 Garnet Service anticipates the following sales revenue over a five-month period: (Click the icon to view the sales data.) The company's sales are 20% cash and 80% credit. Its collection history indicates that credit sales are collected as follows: (Click the icon to view the collections data.) How much cash will be collected in January? In February? In March? For the quarter in total? Complete the cash budget to determine how much cash will be collected in January, February, March and for the quarter in total. (Round your answers to the nearest whole dollar * More Info Cash sales Collection of credit sales: 20% Month of sale 40% Month after 20% in the month of the sale 40% in the month after the sale 30% two months after the sale 10% are never collected 30% Two months after Print Done Total cash collections Enter any number in the edit fields and then click Check
please complete calculation for january, february, march and for the quarter in total. show solution.
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