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sam_48 sam_48
wrote...
Posts: 115
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2 years ago
Windy City Kite Company has prepared sales forecasts for the first quarter 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. How much of the total January collections from customers are from January sales?

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 


▸ $0

▸ $500

▸ $750

▸ $1,000

▸ $1,050
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
Authors:
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redpink81redpink81
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Posts: 73
Rep: 3 0
2 years ago
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sam_48 Author
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2 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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this is exactly what I needed
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Just got PERFECT on my quiz
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