Cash collections for Wax On Candles found that 60% of sales were collected in the month of the sale, 30% was collected t
Posted: Sun Jul 03, 2022 1:15 pm
Cash collections for Wax On Candles found that 60% of sales were collected in the month of the sale, 30% was collected the month after the sale, and 10% was collected the second month after the sale. Given the following sales, how much cash will be collected in January and February? Nov. Dec. Jan. Feb. $24,000 $34,000 $19,000 $24,000 Cash collected Jan. Feb.