Alpha Wholefood Company has forecasted the following sales during 2024: $360,000 in February, $470,000 in March, $400,000
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Question:
Alpha Wholefood Company has forecasted the following sales during 2024:
$360,000 in February, $470,000 in March, $400,000 in April and $450,000 in May. All sales are on credit. 20% is collected the month of sale and the remainder the following month.
Calculate the amount of total cash collected from sales during March, April, and May.
Related Book For
Operations management processes and supply chain
ISBN: 978-0136065760
9th edition
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra
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