Suppose that the Sales in December 2019 were 41,498. The sales are expected to grow by 5% in January 2020, by 10% in February 2020, and by 15% in March 2020. After that, the sales are expected to grow...


Suppose that the Sales in December 2019 were 41,498. The sales are expected to grow by 5% in January 2020, by 10% in February 2020, and by 15% in March 2020. After that, the sales are expected to grow by 9%.


The company's cash collection is as follows: 24% is collected in the same month, 47% is collected in the next month, and the remainder in the following month.


What is the cash collection for July, 2020?



Jun 07, 2022
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