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Carson sells 30 of its merchandise to cash customers of the

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The sales budget of carson industries projects the following sales for Januaray through May:

  • Jan- 235,000
  • Feb- 250,000
  • Mar-270,000
  • Apr-212,000
  • May-220,000

Carson sells 30% of its merchandise to cash customers. Of the sales on credit, 75% are collected in the month after the sale, and 25% in the second month after the sale.Determine the cash that Carson will collect from cash sales and accounts recievable during the months of March, Aprilm, and May.

Reference no: EM13599331

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