Terms of Sale

A company sells:

$$24,000$ in January

$$25,600$ in February

$$24,800$ in March

$$26,100$ in April.

Company Terms of Sale are: $35\%$ cash, $40\%$ net $30,$ and $25\%$ net $60.$

What are the monthly cash inflows for the months of January thru June, by month, assuming no discount is given for cash payments?

Answer rating: 100% (QA)

Okay here are the steps For January Total sales 24000 3... View the full answer