Question: CALCULATOR PRINTER VERSION - RACK N Question 4 The management of Ocean Industries estimates that credit sales for August, September October, and November will be

CALCULATOR PRINTER VERSION - RACK N Question 4 The management of Ocean Industries estimates that credit sales for August, September October, and November will be $540,000, $750,000, $340,000, and $480,000, respectively. Experience has shown that collections are made as follows: In month of sale In first month after sale In second month after sale 25% 60% 10% Determine the collections from customers in October and November. (Do not leave any field blank. Enter o 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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