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Question 1 : Sacrolotion Co . s sales are collected as follows: 3 0 % in the month of sale, 5 0 % in the

Question 1:
Sacrolotion Co.s sales are collected as follows: 30% in the month of sale, 50% in the next month, and 20% in the following month. November sales were $52,500, and December sales were $84,000. If total sales for January are budgeted to be $50,000, what are the expected cash receipts for January?
Question 2:
Cost-Minus Inc. is a merchandising company that is trying to decide how many units of merchandise to order each month. The companys policy is to have 20% of the next months sales in inventory at the end of each month. Projected sales for August, September, and October are 30,000 units, 20,000 units, and 40,000 units, respectively. How many units must be purchased in September?

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