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Points: 0 of 20 Save - Andier Wholesalers has found that 79% of its sales in any given month are credit sales, while the

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Points: 0 of 20 Save - Andier Wholesalers has found that 79% of its sales in any given month are credit sales, while the remainder are cash sales. Of the credit sales, Andler Wholesalers has experienced the following collection pattern: 22% paid in the month of the sale. 44% paid in the month after the sale 19% paid two months after the sale 15% of the sales are never collected November sales for last year were $83,000, while December sales were $119,500 Projected sales for the next three months are as follows January sales. February sales March sales Requirement $ 156,000 $127,000 $ 182,000 Prepare a cash collections budget for the first quarter, with a column for each month and for the quarter (Round your answers to the nearest whole dollar.) Cash sales Collection of credit sales 22% Month of sale 44% Month after 19% Two months after Total cash collections Get more help. Andler Wholesalers Cash Collections Budget For the Months of January through March January February March Quarter Clear all Check answer

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