A companys sales are 50 in cah and 50 on credit 70 of the

Reference no: EM13591417

A company's sales are 50% in cah and 50% on credit. 70% of the credit sales are colected in the month of the sale, 20% in the month following the sale, and 5% in the second month following the sale. The remainder is uncollectible.Total Sales: September=$50,000; October= $70,000; November=$60,000; December=$80,000).

Reference no: EM13591417

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