Solution-Calculate the cash collections for the month of

Calculate the cash collections for the month of December

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Reference no: EM132787406

Question - B Side Productions is a manufacturer of cheap scooters. Actual sales for the quarter just ended are as follows:

	October	November	December
Sales	1,600,000	2,000,000	4,300,000

30% of all sales are cash sales with the remaining 70% being on credit. Of the credit sales 25% are collected in the month of sale, 60% are collected in the month after the sale and 15% is collected 2 months after the sale.

Calculate the cash collections for the month of December.

Reference no: EM132787406

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Calculate the cash collections for the month of December : B Side Productions is a manufacturer of cheap scooters. 30% of all sales are cash sales with the remaining 70% being on credit. Calculate the cash collections

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Calculate the cash collections for the month of December

Reference no: EM132787406

Reference no: EM132787406

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