Question: Problem 3 0 - 5 Collections on receivables Here is a forecast of sales by National Bromide for the first four months of 2 0
Problem Collections on receivables
Here is a forecast of sales by National Bromide for the first four months of figures in $ thousands:
tableMonth Month Month Month Cash sales,Sales on credit,
On average, of credit sales are Jaid for in the current month, are paid in the next month, and the remainder are paid in the month after that. What is the expected cash inflow from operations in months and
Note: Do not round intermediate calculations. Enter your answers in thousands and rounded to one decimal place.
tableItemstableExpected Cash Inflow fromOperations in $ thousandsMonth Month
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