Solution-Amount of the september collections

Amount of the september collections

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Reference no: EM131419503

ABC Company has the following projected sales:

Month	Sales
June	$9,649
July	$2,369
August	$16,879
September	$23,996

24% of the sales are collected in the same month.
10% of the sales are collected after one month,
16% of the sales are collected after two months, and
the remainder is collected after three month.

What is the amount of the September collections?

Reference no: EM131419503

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Amount of the september collections : What is the amount of the September collections?

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Amount of the september collections

Reference no: EM131419503

Reference no: EM131419503

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