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this is a 33 part question, need all parts for Q1 2015 Sales receipts. National Beverage Company anticipates the following first-quarter sales for 2015:$1,823,000 (January),
this is a 33 part question, need all parts for Q1 2015
Sales receipts. National Beverage Company anticipates the following first-quarter sales for 2015:$1,823,000 (January), $1.586,000 (February), and \$2.172.000 (March). It posted the following sales figures for the last quarter of 2014: \$1,904,000 (October), $2,056.000 (November), and \$2,216.000 (December). The company sells 44% of its products on credit, 56% are cash sales. The company collects credit sales as follows. 31% in the following month. 50% two months later, and 17% three months later with 2% defaults. What are the anticipated cash inflows for the first quarter of 2015 ? Ot the \$1.904.000 Ootober sales The amount collected in Octoberis/ F Found to the nearest dollari Step by Step Solution
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