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:
On average, of credit sales are paid 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.
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