Bruno industries expects credit sales for january february

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Bruno Industries expects credit sales for January, February, and March to be $209,400, $266,140, and $319,990, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month.



Collections from Customers

Credit Sales


January


February


March

January

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$Entry field with incorrect answer


$Entry field with incorrect answer

February

Entry field with incorrect answer


Entry field with correct answer


Entry field with correct answer

March

Entry field with incorrect answer


Entry field with incorrect answer


Entry field with incorrect answer



$Entry field with incorrect answer


$Entry field with incorrect answer


$Entry field with incorrect answer

Reference no: EM13581044

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