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What is the cash collection for june 2020

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Question 1: Suppose that the Sales in December 2019 were 33,994. The sales are expected to grow by 11% in January 2020, by 12% in February 2020, and by 6% in March 2020. After that, the sales are expected to grow by 6%.

The company's cash collection is as follows: 35% is collected in the same month and the remainder in the next month.

What is the cash collection for June, 2020?

Question 2: Suppose that the Sales in December 2019 were 68,748. The sales are expected to grow by 9% in January 2020, by 7% in February 2020, and by 8% in March 2020. After that, the sales are expected to grow by 5%.

The company's cash collection is as follows: 43% is collected in the same month and the remainder in the next month.

What is the cash collection for March, 2020?.

Question 3: Suppose that the Sales in December 2019 were 9,875. The sales are expected to grow by 5% in January 2020, by 10% in February 2020, and by 9% in March 2020. After that, the sales are expected to grow by 9%.

The company's cash collection is as follows: 11% is collected in the same month, 21% is collected in the next month, and the remainder in the following month.

What is the cash collection for June, 2020?

Reference no: EM132460060

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