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Worthington Company expects that cash sales will be 2 0 % of total sales, credit card sales will be 5 0 % of total sales,
Worthington Company expects that cash sales will be of total sales, credit card sales will be of total sales, and account sales will be of total sales. Credit card sales are collected in the month following the sale, net a credit card fee. This means that if the sale is $ the credit card company's fee is $ and Worthington receives $ Account sales will be collected as follows: in the first month following the sale, in the second month following the sale, in the third month following the sale, and never collected. The following table identifed the projected sales for the first year of operations: Complete the following statement showing the cash expected each month from the collections of these sales. Round all calculations to the nearest whole dollar amount. You can clearly see that I have tried and submitted wrong answers already please do not respond with the same answers that have already been tried as they are very obviously incorrect.
Worthington Company expects that cash sales will be of total sales, credit card sales will be
of total sales, and account sales will be of total sales. Credit card sales are collected in the month
following the sale, net a credit card fee. This means that if the sale is $ the
credit card company's fee is $ and Worthington receives $ Account sales
will be collected as follows: in the first month following the sale, in the second month
following the sale, in the third month following the sale, and never collected.
The following table identifed the projected sales for the first year of operations:
Complete the following statement showing the cash expected each month from the collections of
these sales.
Round all calculations to the nearest whole dollar amount.
You can clearly see that I have tried and submitted wrong answers already please do not respond with the same answers that have already been tried as they are very obviously incorrect.
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