Business, 29.11.2019 02:31 coolman5999alt

Gilbert's expects its september sales to be 20% higher than its august sales of $150,000. manufacturing costs were $100,000 in august and are expected to be $120,000 in september. all sales are on credit and are collected as follows: 30% in the month of the sale and 70% in the following month. payments of manufacturing costs are as follows: 25% in the month of production and 75% in the following month. the beginning cash balance on september 1 is $7,500. the ending balance on september 30 would

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Gilbert's expects its september sales to be 20% higher than its august sales of $150,000. manufactur...

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