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pls help Freddie Reeds, a manutecturer of saxophone, oboe, and clarinet reeds, has projected sales to be $896,000 in October, $960,000 in November, $1,045,000 in
pls help Freddie Reeds, a manutecturer of saxophone, oboe, and clarinet reeds, has projected sales to be $896,000 in October, $960,000 in November, $1,045,000 in December, and $932,000 in Jianuary. Freddie's sates are 20% cash and 80% credit. The company/s collection history indicates that credit sales are collected as follows: 26% in the month of the sale 65% in the month after the sale ow two months after the sale 2% are never collecled Requirements 1. Prepare a sales budgot for all four months, showing the breakdown betwoen cash and credi sales. 2. Prepare a cash collection budget for December and January. Found at answers up to the nearest dollar Requirement 1, Prepare a sales busgel for all fout months, vhowing the breakdown between cash and credit sales
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