Explain what are the expected cash collections for months

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Reference no: EM132045717

Utilizing the attached data what are the expected cash collections for months 3 & 4. Show your calculations. On average 50% of credit sales are paid for in the current month, 30% in the next month, and the remaining 20% in the month after that.

Month	1	2	3	4

Cash Sales	15	24	18	14
Credit Sales	100	120	90	70

Reference no: EM132045717

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