Question: please answer and explain :) A company's soles price per unit is $17. It has the following sales: sixty percent ot sales are cash. Ur
A company's soles price per unit is $17. It has the following sales: sixty percent ot sales are cash. Ur the credit sales, 52 percent is collected in the month of the sale, 36 percent is collected during the following month, and 12 percent is never collected. Required: Calculate total cash receipts for April and May. Note: Do not round your intermediate calculations. Round your answers to the nearest whole dollar. A company's soles price per unit is $17. It has the following sales: sixty percent ot sales are cash. Ur the credit sales, 52 percent is collected in the month of the sale, 36 percent is collected during the following month, and 12 percent is never collected. Required: Calculate total cash receipts for April and May. Note: Do not round your intermediate calculations. Round your answers to the nearest whole dollar
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