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 30-5 Collections on receivables
Here is a forecast of sales by National Bromide for the first four months of 2022(figures in $ thousands):
\table[[,Month 1,Month 2,Month 3,Month 4],[Cash sales,27,36,30,26],[Sales on credit,220,240,210,190]]
On average, 52% of credit sales are Jaid for in the current month, 32% 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 3 and 4?
Note: Do not round intermediate calculations. Enter your answers in thousands and rounded to one decimal place.
\table[[Items,\table[[Expected Cash Inflow from],[Operations (in $ thousands)]]],[Month 3,],[Month 4,]]
 Problem 30-5 Collections on receivables Here is a forecast of sales

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