Question: CALCULATOR PRINTER VERSION BACK Question 4 The management of Ocean Industries estimates that credit sales for August September October, and November will be $540,000, 5750,000,

 CALCULATOR PRINTER VERSION BACK Question 4 The management of Ocean Industries

CALCULATOR PRINTER VERSION BACK Question 4 The management of Ocean Industries estimates that credit sales for August September October, and November will be $540,000, 5750,000, $340,000, and 480,000, respectively. Experience has shown that collections are made as follows: 25% In month of sale In first month after sale In second month after sale 60% 10% Determine the collections from customers in October and November. (Do not leave any field blank. Enter for the amounts.) Collections from Customers October November August Sales September Sales October Sales November Sales Total collections Click if you would like to Show Work for this question: Open Show Work

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