Shown below is the sales forecast for Cooper Inc. for the first four months of the coming year. Jan. Feb Mar. Apr. Cash

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Shown below is the sales forecast for Cooper Inc. for the first four months of the coming year. Jan. Feb Mar. Apr. Cash

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Shown Below Is The Sales Forecast For Cooper Inc For The First Four Months Of The Coming Year Jan Feb Mar Apr Cash 1
Shown Below Is The Sales Forecast For Cooper Inc For The First Four Months Of The Coming Year Jan Feb Mar Apr Cash 1 (55.64 KiB) Viewed 35 times
Shown below is the sales forecast for Cooper Inc. for the first four months of the coming year. Jan. Feb Mar. Apr. Cash sales 15000 24000 18000 14000 Credit sales 100000 120000 90000 70000 On average, 10% of credit sales are paid for in the month of the sale, 50% in the month following sale, and the remainder are paid two months after the month of the sale. Assuming there are no bad debts. Required: What is the expected cash inflow in Mar.? Choose... What is the expected cash inflow in Feb.? Choose... -
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