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The frohlling Professional service company expects 70% of sales for cash and 30% on credit. The company collects 80% of it credit sales in the
The frohlling Professional service company expects 70% of sales for cash and 30% on credit. The company collects 80% of it credit sales in the month following sales. 15% in the second month following the sale 5 % are not collected. Excpected sales for june, July and august are 48,000 54,000 and 44,000 what is the company total cash recpits i August.
a.45,920
b 61,400
c.87,600
d.50,400
e 15,120
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