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Calculate the estimated cash from all sources for march

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Reference no: EM13258364

Need help finding the cash receipts for March:

  • Assume20% of all sales are cash sales; remaining 80% are sales onaccount
  • 10% ofsales on account are collected in the month of sale; 60% in themonth following; 30% in the 2nd month following

· Projections   Sales              

· November       100,000

December       120,000

January          150,000

February        170,000

March             200,000

Calculate the estimated cash from all sources for March.

March Cash Receipts from allsources$.

Reference no: EM13258364

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