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Suppose that the Sales in December 2019 were 66,370. The sales are expected to grow by 14% in January 2020, by 5% in February 2020,
Suppose that the Sales in December 2019 were 66,370. The sales are expected to grow by 14% in January 2020, by 5% in February 2020, and by 12% in March 2020. After that, the sales are expected to grow by 6%. The company's cash collection is as follows: 24% is collected in the same month, 23% is collected in the next month, and the remainder in the following month. What is the cash collection for June, 2020?
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