Question
The table contains the Sales estimates for the next year. Sales are collected as follows: In the month of Sales: 38% In the next month:
The table contains the Sales estimates for the next year.
Sales are collected as follows: In the month of Sales: 38% In the next month: 28% After 2 months: 9% After 3 months: remainder is collected
What is the cash collection for October?
| Month | Sales $ | Month | Sales $ |
| Jan | 68,231 | July | 77,558 |
| Feb | 40,646 | Aug | 47,430 |
| Mar | 47,430 | Sep | 68,231 |
| Apr | 77,558 | Oct | 47,430 |
| May | 68,231 | Nov | 40,646 |
| June | 40,646 | Dec | 77,558 |
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Discovering Advanced Algebra An Investigative Approach
Authors: Jerald Murdock, Ellen Kamischke, Eric Kamischke
1st edition
1559539844, 978-1604400069, 1604400064, 978-1559539845
