Business, 01.08.2019 00:20 0gNanaa

October sales are estimated to be $250,000, of which 40 percent will be cash and 60 percent will be credit. the company expects sales to increase at the rate of 8 percent per month. the company expects to collect 100 percent of the accounts receivable generated by credit sales in the month following the sale. prepare a sales budget and a schedule of cash receipts.

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October sales are estimated to be $250,000, of which 40 percent will be cash and 60 percent will be...

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