Business, 03.08.2019 02:20 willveloz4

Memphis company anticipates total sales for april, may, and june of $800,000, $900,000, and $950,000 respectively. cash sales are normally 25% of total sales. of the credit sales, 30% are collected in the same month as the sale, 65% are collected during the first month after the sale, and the remaining 5% are not collected. compute the amount of cash received from total sales during the month of june. $561,500. $652,500. $817,500. $592,500. $890,000.

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Memphis company anticipates total sales for april, may, and june of $800,000, $900,000, and $950,000...

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