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plesse show work The owner of Bur, a supplies wholesale company bas requestad a casl bodget for Abght, After exaniaing the records of the company,
plesse show work
The owner of Bur, a supplies wholesale company bas requestad a casl bodget for Abght, After exaniaing the records of the company, you find the fellowingt - Eurr estimates that it will collect 40% of is sales in the month of sale. 35% in the month after the sale. and 22% in the second month following the sale. Three percent of all sales are estimated to be bad debts. - Purr Cost of goods wold is 75% of sales: requires ending inventory to be 10 of of the followiris month coGs. - Bur poys for all purchase made in the following month. - General operatipe expenses are budgeted to be $20,000 per monh, including deprecation of $2.000. Bur pays operating expenses in the month incuired. - Bur makes loan payments of $3,000 per month of which $400 is interest and the remainder is principal. Revairat: 1. Prepine a schedule for canti sollectiona in Augest Step by Step Solution
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