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Title: Two Brothers Moving prepared the following sales budget:MonthCash SalesCredit SalesMarch$20,000$10,0 Post by: bernie2981 on Nov 14, 2015 Two Brothers Moving prepared the following sales budget:
Month Cash Sales Credit Sales March $20,000 $10,000 April $36,000 $16,000 May $42,000 $40,000 June $54,000 $48,000 Credit collections are 25% in the month of sale, 60% in the month following the sale, and 10% two months following the sale. The remaining 5% is expected to be uncollectible. What is the total cash received in April to account for the April sales at Two Brothers Moving? A) $4,000 B) $2,500 C) $38,500 D) $40,000 Title: Re: Two Brothers Moving prepared the following sales budget:MonthCash SalesCredit SalesMarch$20,000$ Post by: nuclei on Nov 15, 2015 Content hidden
Title: Re: Two Brothers Moving prepared the following sales budget:MonthCash SalesCredit SalesMarch$20,000$10,0 Post by: bernie2981 on Dec 1, 2015 Wow! Thank you
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