Here is a forecast of sales by National Bromide for the first 4 months of 2019 (figures in thousands of dollars): Month: 1. 4 Cash sales 18 27 21 17 Sales on credit 115 135 105 85 On average, 60% of...

How to solve for the 3rd and 4th month.

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>4<br>Cash sales<br>18<br>27<br>21<br>17<br>Sales on credit<br>115<br>135<br>105<br>85<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<br>that. What are the expected cash collections in months 3 and 4? (Enter your answers in whole dollars not in thousands of<br>dollars.)<br>Expected Cash<br>Čollections<br>Month 3<br>Month 4<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. 4 Cash sales 18 27 21 17 Sales on credit 115 135 105 85 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 Čollections Month 3 Month 4

Jun 09, 2022

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Here is a forecast of sales by National Bromide for the first 4 months of 2019 (figures in thousands of dollars): Month: 1. 4 Cash sales 18 27 21 17 Sales on credit 115 135 105 85 On average, 60% of...

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