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What is the cash collection for april

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Suppose that the Sales in December 2019 were 48,495. The sales are expected to grow by 10% in January 2020, by 7% in February 2020, and by 3% in March 2020. After that, the sales are expected to grow by 13%.

The company's cash collection is as follows: 13% is collected in the same month, 34% is collected in the next month, and the remainder in the following month.

What is the cash collection for April, 2020?

Reference no: EM132460164

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