10 of sales are made for cash Proon expects to receive 60 in the month following the sale and 25 in the second month following the sale The remaining 5 are expected to be un collectible Gross margin is 25 and purchases are made one month prior to sale Purchases are paid one month after received

Answer rating: 100% (QA)

Answer 5 The cash inflows in March from sales will be 245 option B March Sales 30050 150 Fe... View the full answer