Question: whats the answer? Problem 20-13 Forecasting Collections (L04) Here is a forecast of sales by National Bromide for the first 4 months of 2018 (figures

whats the answer?
whats the answer? Problem 20-13 Forecasting Collections (L04) Here is a forecast

Problem 20-13 Forecasting Collections (L04) Here is a forecast of sales by National Bromide for the first 4 months of 2018 (figures in thousands of dollars): Month: Cash sales Sales on credit 1 19 80 2 29 90 3 21 80 4 19 50 On average, 50% of credit sales are paid for in the current month, 30% in the next month, and the remainder in the month after that. What are expected cash collections in months 3 and 4? (Round your answers to the nearest whole dollar. Enter your answers in dollars, not in thousands dollars.) Expected cash collections in month 3 $ Expected cash collections in month 4 $

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