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What is expected cash collections from customers

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Question - AAA Company expects sales of $75,000 in February, 20X2, $150,000 in March, $100,000 in April, $200,000 in May, and $250,000 in June. AAA collects 50% of sales in the month of sale, 30% in the month following sale, and 10% in the second month after the sale. The remaining 10% is uncollectible. What is expected cash collections from customers for the quarter ended June 30, 20X2? Please show calculations.

Reference no: EM133081236

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