The table contains the Sales estimates for the next year. Sales are collected as follows: In...
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The table contains the Sales estimates for the next year. Sales are collected as follows: In the month of Sales: 20% In the next month: 30% After 2 months: 9% After 3 months: remainder is collected What is the cash collection for October? Enter your answer rounded off to two decimal points. Do not enter 5 or comma in the answer box Month Sales $ Month Sales $1 July Jan Feb Mar Apr May June 57.470 16,384 55.151 63.143 57.470 16,384 Aug Sep Oct Nov Dec 63,143 55,151 57,470 55.151 16.384 63.143 The table contains the Sales estimates for the next year. Sales are collected as follows: In the month of Sales: 20% In the next month: 30% After 2 months: 9% After 3 months: remainder is collected What is the cash collection for October? Enter your answer rounded off to two decimal points. Do not enter 5 or comma in the answer box Month Sales $ Month Sales $1 July Jan Feb Mar Apr May June 57.470 16,384 55.151 63.143 57.470 16,384 Aug Sep Oct Nov Dec 63,143 55,151 57,470 55.151 16.384 63.143
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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