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Sales receipts. National Beverage Company anticipates the following first-quarter sales for 2015 : $1,866,000 (January), $1,552,000 (February), and $2,075,000 (March). It posted the following sales
Sales receipts. National Beverage Company anticipates the following first-quarter sales for 2015 : $1,866,000 (January), $1,552,000 (February), and $2,075,000 (March). It posted the following sales figures for the last quarter of 2014: $1,855,000 (October), $2,069,000 (November), and $2,211,000 (December). The company sells 35% of its products on credit; 65% are cash sales. The company collects credit sales as follows: 29% in the following month, 51% two months later, and 18% three months later, with 2% defaults. What are the anticipated cash inflows for the first quarter of 2015 ? Of the $1,855,000 October sales, The amount collected in October is $ (Round to the nearest dollar.) The amount collected in November is ? . (Round to the nearest dollar.) The amount collected in December is (Round to the nearest dollar.) The amount collected in January is $ (Round to the nearest dollar.) The amount not collected is $ (Round to the nearest dollar.) Of the $2,069,000 November sales, The amount collected in November is \$ (Round to the nearest dollar.) The amount collected in December is : . (Round to the nearest dollar.) The amount collected in January is $ (Round to the nearest dollar.) The amount collected in February is \$ (Round to the nearest dollar.) The amount not collected is $ 1. (Round to the nearest dollar.) Of the $2,211,000 December sales, The amount collected in December is $ (Round to the nearest dollar.) Of the $2,211,000 December sales, The amount collected in December is $ (Round to the nearest dollar.) The amount collected in January is $ (Round to the nearest dollar.) The amount collected in February is 9 (Round to the nearest dollar.) The amount collected in March is $ (Round to the nearest dollar.) The amount not collected is $ 1. (Round to the nearest dollar.) Of the $1,866,000 January sales, The amount collected in January is $ (Round to the nearest dollar.) The amount collected in February is $ (Round to the nearest dollar.) The amount collected in March is $ (Round to the nearest dollar.) The amount collected in April is $ (Round to the nearest dollar.) The amount not collected is $ (Round to the nearest dollar.) Of the $1,552,000 February sales, Of the $1,552,000 February sales, The amount collected in February is $ - (Round to the nearest dollar.) The amount collected in March is $ - (Round to the nearest dollar.) The amount collected in April is $ (Round to the nearest dollar.) The amount collected in May is 9 1. (Round to the nearest dollar.) The amount not collected is $ (Round to the nearest dollar.) Of the $2,075,000 March sales, The amount collected in March is $ . (Round to the nearest dollar.) The amount collected in April is $ (Round to the nearest dollar.) The amount collected in May is $ (Round to the nearest dollar.) The amount collected in June is g (Round to the nearest dollar.) The amount not collected is $ (Round to the nearest dollar.) Therefore, what are the anticipated cash inflows for the first quarter of 2015 ? The amount collected in May is $ (Round to the nearest dollar.) The amount collected in June is $ (Round to the nearest dollar.) The amount not collected is $ (Round to the nearest dollar.) Therefore, what are the anticipated cash inflows for the first quarter of 2015 ? The receipts for January are $ (Round to the nearest dollar.) The receipts for February are $ (Round to the nearest dollar.) The receipts for March are $ (Round to the nearest dollar.)
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