Bruno industries expects credit sales for january february

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Bruno Industries expects credit sales for January, February, and March to be $209,400, $266,140, and $319,990, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month.



Collections from Customers

Credit Sales


January


February


March

January

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$Entry field with incorrect answer

February

Entry field with incorrect answer


Entry field with correct answer


Entry field with correct answer

March

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Entry field with incorrect answer


Entry field with incorrect answer



$Entry field with incorrect answer


$Entry field with incorrect answer


$Entry field with incorrect answer

Reference no: EM13581044

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