Question: Take me to the text i Mark Wall will be opening his company called MW Catering in January of the next year. He predicts

Take me to the text i Mark Wall will be opening his

Take me to the text i Mark Wall will be opening his company called MW Catering in January of the next year. He predicts that January, February and March will generate $180,000, $110,000 and $155,000 worth of sales respectively. The company expects to sell 15% of its products for cash. Of the sales on account, 55% are expected to be collected in the month of the sale, 25% in the month following the sale and the remainder in the following month. Prepare the cash receipts section of the cash budget. Do not enter dollar signs.or.commas in the input boxes. Round your answers to the nearest whole number MW Catering Cash sales Cash Receipts For January, February and March Collections from credit customers S Total Cash Receipts January February March

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