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Bince Bince
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3 years ago
Windy City Kite Company has prepared sales forecasts for the beginning of Year 3 as shown in the top row of the table. Half of Windy City's kite sales are cash and the other half are credit. Windy City collects credit sales the month following the credit sale. What are Windy City's total cash inflows from customers for January?

Windy City Kite Company
Sales Forecast and Collections Forecast
​DecemberJanuaryFebruary
Sales Forecast$1,100$1,000 $2,000 
Cash Collections​​​
Collections from Sales last month​​​
Total Cash Inflows​​ 


▸ $500

▸ $550

▸ $1,000

▸ $1,050
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
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usman007usman007
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3 years ago
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