Question: b . Management expects to sell 7 , 1 0 0 cases of water in August and 9 , 7 0 0 cases in September.

b. Management expects to sell 7,100 cases of water in August and 9,700 cases in September. Each case sells for $ 14. Cash sales average 40% of total sales, and credit sales make up the rest. Three-fourths of credit sales are collected in the month of sale, with the balance collected the following month.

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