What will be webster total cash collections in the month

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Reference no: EM132641969

Problem 1: What are the 5 steps to zero budgeting according to Dave Ramsey?

Problem 2: Webster's Discount Appliances expects sales of $12,000, $15,000, and $25,000 during April, May, and June (big sale in June). To build business, Webster let's all customers buy on credit, and all do so. In the past, 20% of Webster's Discount Appliances sales have been collected during the month of sale, 65% are collected the following month, and 15% the month after that. If this trend continues, what will be Webster's total cash collections in the month of June?

Reference no: EM132641969

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