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My Subscriptions Angelica Gornalez Cash Budget Wilson's Retail Company is planning a cash budget for the next three months. Estimated sales revenue is as follows
My Subscriptions Angelica Gornalez Cash Budget Wilson's Retail Company is planning a cash budget for the next three months. Estimated sales revenue is as follows Month Sales Revenue Month Sales Revenue 5300000 March $200.000 230.000 April 165.000 All sales are on credit, 60 percent is collected during the month of sale, and 40 percentis collected during the next month. Cost of goods sold is 70 percent of sales. Payments for merchandise sold are made in the month following the month of sale Operating expenses total $44.000 per month and are paid during the month incurred. The cash balance on February 1 is estimated to be 520.000 Support Prepare monthly cash budgets for February March, and April Use negative signs only with beginning and ending cash balances, when appropriate. Do not use negative signs with disbursement answers Wilson's Retail Company Cash Budgets February March, and April February March April Cast balance beginnings 5 Total Cashes Cash available Total disbursements Chce, endine 5 Next Previous Save Answers 7. PM 12/3/2020 Prisen Home End Poup Pyon & 8 2 3. 5
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