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Question Help November sales for last year were $90,000, while December sales were $115,000. Projected sales for the next three months are as follows E9-28A

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Question Help November sales for last year were $90,000, while December sales were $115,000. Projected sales for the next three months are as follows E9-28A (similar to) Sweeney Corporation has found that 60% of its sales in any given month are credit sales, while the remainder are cash de here wi sales. Of the credit sales, Sweeney Corporation has experienced the following collection pattern 25% received in the month of the sale 50% recolved in the month after the sale 16% recolved two months after the sale 9% of the credit sales never recived January salos $ 150,000 February Sales $ 120.000 March sales $ 170,000 Requirement Prepare a cash collections budget for the first quarter with a columns for each month and for the quarter (Round your answers to the nearest whole dollar) Sweeney Corporation Cash Collections Budget For the Months of January through March Canuary Scored: 9-21A Limiart 9-22A (similar to Cash Collections on credits 2 Months 50% Mormater Two months her Totalcanh chons 20.00 tantation Edmonte edities and the Check And 3 porte C Check A NOSI o P K

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