Business, 01.07.2020 21:01 QueenLife4869
Justin Company's budget includes the following credit sales for the current year: September, $25,000; October, $36,000; November, $30,000; December, $32,000. Credit sales are collected as follows: 15% in the month of sale, 60% in the first month after sale, 20% in the second month after sale, and 5% is uncollectible. How much cash can Justin expect to collect in November as a result of current and past credit sales?
Answers: 2
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Justin Company's budget includes the following credit sales for the current year: September, $25,000...
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