Question: Shown below is the sales forecast for Cooper inc. for the first four months of the coming year Jan Feb Mar Apr Cash sales $15,000
Shown below is the sales forecast for Cooper inc. for the first four months of the coming year Jan Feb Mar Apr Cash sales $15,000 $24,000 $18,000 $14,000 Credit sales $100,000 $130.000 $90,000 $70.000 On average, 50% of credit sales are paid for in the month of the sale, 30% in the month following sale, and the remainder are paid two months after the month of the sale Assuming there are no bad debts the expected cash inflow in March 5122,000 $111.000 $14.000 O 5125 000
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