Business, 23.07.2019 06:10 emanuelmorales1515

Woodpecker co. has $296,000 in accounts receivable on january 1. budgeted sales for january are $860,000. woodpecker co. expects to sell 20% of its merchandise for cash. of the remaining 80% of sales on account, 75% are expected to be collected in the month of sale and the remainder the following month. the january cash collections from sales are a. $468,000 b. $812,000 c. $984,000 d. $688,000

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Woodpecker co. has $296,000 in accounts receivable on january 1. budgeted sales for january are $860...