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The following information is available regarding sales revenue April, May, Year 0008: Credit card revenue collected on the average of every three days and the

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The following information is available regarding sales revenue April, May, Year 0008: Credit card revenue collected on the average of every three days and the amount remaining uncollected at the end of the month represents 6% of the month's credit card sales the Accounts receivable sales are collected in the month following the sales Using the following information regarding sales, calculate the cash inflow for the months of April and May, Year 0008. A restaurant reported the following information for the months of August, September, and October, Year 0008. Of the cost of sales, 75% is paid in the current month and the remainder is paid in the following month. The following information is available regarding sales revenue April, May, Year 0008: Credit card revenue collected on the average of every three days and the amount remaining uncollected at the end of the month represents 6% of the month's credit card sales the Accounts receivable sales are collected in the month following the sales Using the following information regarding sales, calculate the cash inflow for the months of April and May, Year 0008. A restaurant reported the following information for the months of August, September, and October, Year 0008. Of the cost of sales, 75% is paid in the current month and the remainder is paid in the following month

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