Here is a forecast of sales by National Bromide for the first 4 months of 2019 (figures in thousands of dollars): Month: 1 21 3\ 4 Cash sales 32 41 35 31 Sales on credit 185 205 175 155 On average,...


Here is a forecast of sales by National Bromide for the first 4 months of 2019 (figures in thousands of dollars):<br>Month:<br>1<br>21<br>3\<br>4<br>Cash sales<br>32<br>41<br>35<br>31<br>Sales on credit<br>185<br>205<br>175<br>155<br>On average, 60% of credit sales are paid for in the current month, 20% in the next month, and the remainder in the month after that.<br>What are the expected cash collections in months 3 and 4? (Enter your answers in whole dollars not in thousands of dollars.)<br>Expected Cash<br>Collections<br>Month 3<br>Month 4<br>< Prev<br>3 of 8<br>Next<br>search<br>

Extracted text: Here is a forecast of sales by National Bromide for the first 4 months of 2019 (figures in thousands of dollars): Month: 1 21 3\ 4 Cash sales 32 41 35 31 Sales on credit 185 205 175 155 On average, 60% of credit sales are paid for in the current month, 20% in the next month, and the remainder in the month after that. What are the expected cash collections in months 3 and 4? (Enter your answers in whole dollars not in thousands of dollars.) Expected Cash Collections Month 3 Month 4 < prev="" 3="" of="" 8="" next="">

Jun 07, 2022
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