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Suppose that the Sales in December 2019 were 36,593. The sales are expected to grow by 8% in January 2020, by 4% in February 2020,
Suppose that the Sales in December 2019 were 36,593. The sales are expected to grow by 8% in January 2020, by 4% in February 2020, and by 14% in March 2020. After that, the sales are expected to grow by 7%.
The company's cash collection is as follows: 22% is collected in the same month, 38% is collected in the next month, and the remainder in the following month.
What is the cash collection for September, 2020?
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.
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