Crane Company has the following sales data August September October November December Cash Sales $4000 $5000 $6000 $7000 $16000 Sales on Account $50000 $55,379 $65000 $72,628 $100000 Crane Company 's credit customers have the following payment history 38 in month of sale 56 in month following sale ...

To calculate the budgeted cash receipts for September we ...

Crane Company has the following sales data: August September October November December Cash Sales $4000 $5000 $6000

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Crane Company has the following sales data:

	August	September	October	November	December
Cash Sales	$4000	$5000	$6000	$7000	$16000
Sales on Account	$50000	$55,379	$65000	$72,628	$100000

Crane Company's credit customers have the following payment history:

38% in month of sale

56% in month following sale

the rest are never collected

What are budgeted cash receipts for September?

Related Book For answer-question

Macroeconomics

ISBN: 978-1319120054

3rd Canadian edition

Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson

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Posted Date: May 09, 2023 02:42 AM

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Crane Company has the following sales data: August September October November December Cash Sales $4000 $5000 $6000

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To calculate the budgeted cash receipts for September we ... View the full answer

Macroeconomics

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