Mathematics, 26.09.2021 20:50 rallen1158
Company X just started last September 30, 2018, and made the following sales projections for the last quarter of 2018 as follows:
Oct. - 150,000
Nov. - 170,000
Dec. - 195,000
One-quarter of the sales are in cash. Sixty percent of the remaining are collected within the month of sale, thirty percent a month after and eight percent two months after, and the rest are deemed uncollectible. Prepare a schedule of collections of sales for the months of October to December.
Answers: 1
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