2.5 points Eve An The Johann's Professional Service Company expects 70% of sales for cash and 30% on credt. The company
Posted: Wed May 04, 2022 4:40 pm
2.5 points Eve An The Johann's Professional Service Company expects 70% of sales for cash and 30% on credt. The company collects 70% of es credit sales in the month following sale 25% in the second munth fafowang sala, and 5% not collected that is, they are bad debts) Expected sales for June July and August are 559 000, 565.000 and 555.000, respectively. What are the company's expected total cash receipts in Aug O$106.300. Ⓒ. $75,250 04556375