On april 30, gomez services had an accounts receivable balance of $31,200. during the month of may, total credits to accounts receivable were $66,400 from customer payments. the may 31 accounts receivable balance was $25,000. what was the amount of credit sales during may?

What was the amount of credit sales during May? $ 60200

Explanation:

                                  AprilDeb         Cre           May

Account receivable31200          6640025000

                                31200602006640025000

Credit66400+

may-3125000+

apri-30-31200-

       =60200  

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answersituation analysis;