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

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

Take me to the text 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 $110,000, $160,000 and $100,000 worth of sales respectively. The company expects to sell 30% of its products for cash. Of the sales on account, 55% are expected to be collected in the month of the sale, 30% 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. Cash sales MW Catering Cash Receipts For January, February and March January 33000 February March 48000 30000 Collections from credit customers $ Total Cash Receipts Check EA EA EA

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