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What is the anticipated total cash receipt

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Question - A company forecasts that the following sales: 106 BD in May, 396 BD in June and 207 BD in July. Sales will be paid in three parts, 30% will be paid in cash, another 30% will be paid after one month and the remaining 40% will be paid after two months. Additionally, the company will receive 160 BD in dividends in July, and 184 BD from the sale of stocks in May. Based on the information given what is the anticipated total cash receipt for the month of July?

Reference no: EM133105820

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