Question: please show workk Meatballs, Inc. has started as a restaurant supplier in January. Budgeted sales, 95% on credit, are expected to be: January 20,000 February

please show workk

please show workk Meatballs, Inc. has started as a restaurant supplier in

Meatballs, Inc. has started as a restaurant supplier in January. Budgeted sales, 95% on credit, are expected to be: January 20,000 February 25,000 March 30,000 April 40,000 May 60,000 June 75,000 Credit collections are expected to be: 10% in month of sale, 60% in month after sale, 25% two months after sale, and 5% three months after the sale. Based on this information, create a cash inflow budget for the first 1/2 of the year. Check Number: Cash inflow for February is $15,025

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