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assigment 3 Assume that your credit sales for March was $37,944,for April was $25,283 and May was $31,724. If credit sal

Posted: Tue Nov 16, 2021 9:05 am
by answerhappygod
assigment 3
Assume that your credit sales for March was $37,944,for April
was $25,283 and May was $31,724. If credit sales are collected 55%
during the month of sale, 25% the month following the sale, and 15%
in the second month following the sale, what is the total expected
cash collections to be received in May? Round your answer to one
dollar.