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Question 29 (2 points) A company has the following sales forecasts: January 2022 $72000 February 2022 $83XXX March 2022 $9YYYY April 2022 $8YYYY From past
Question 29 (2 points) A company has the following sales forecasts: January 2022 $72000 February 2022 $83XXX March 2022 $9YYYY April 2022 $8YYYY From past experience, they project that 75% of revenue will be on a cash basis, with 20% bein collected after 30 days, and 5% never collected. During the month of March 2022, the amount of cash inflow for the company will be Note: XXX represents the last three digits of your Lambton College student number YYYY represents the last four digits of your Lambton College student number
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