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Quarters: Budgeted Sales (Units) Q3-Y0 16,000 Q4-Y0 18,000 Q1-Y1 24,000 Q2-Y1 16,000 Q3-Y1 32,000 Q4-Y1 36,000 Q1-Y2 26,000 Q2-Y2 22,000 Sales Price: Sales Price Y0
Quarters: | Budgeted Sales (Units) |
Q3-Y0 | 16,000 |
Q4-Y0 | 18,000 |
Q1-Y1 | 24,000 |
Q2-Y1 | 16,000 |
Q3-Y1 | 32,000 |
Q4-Y1 | 36,000 |
Q1-Y2 | 26,000 |
Q2-Y2 | 22,000 |
Sales Price: | |
Sales Price Y0 | $9.07 |
Increase in Sales Price (each quarter Y1) | 1% |
Quarter of Sale | 18% |
1 Quarter after Sale | 75% |
2 Quarters after Sale | 7% |
Using the above information how would I fill out the following chart?
SCHEDULE OF EXPECTED CASH COLLECTIONS | ||||||||||
Expected Collections | ||||||||||
Sales Dollar Amount (for each qtr) | Q1-Y1 | Q2-Y1 | Q3-Y1 | Q4-Y1 | Total Cash Collections Y1 | Q1-Y2 | Q2-Y2 | |||
Q3 -Y0 Sales | ||||||||||
Q4 -Y0 Sales | ||||||||||
Q1 - Y1 Sales | ||||||||||
Q2 - Y1 Sales | ||||||||||
Q3 - Y1 Sales | ||||||||||
Q4 - Y1 Sales | ||||||||||
Total | ||||||||||
Accounts Receivable, Ending 12/31/Y1 | ||||||||||
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