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E6-34 (similar to) Question Help Health World is a retail store selling home oxygen equipment Health World also services home


0 More Info Almost all of the sales revenues of the oxygen equipment are credit card sales; cash sales are negligible. The cr
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Health World
Collection of Sales Revenue Gross Revenue Collection % April May June
April Sales revenue collected in April      8,000.00 97%      7,760.00
May Sales revenue collected in May      7,200.00 97%        6,984.00
June Sales revenue collected in June      8,500.00 97%      8,245.00
Collection of Service Revenue
March Sales revenue collected in April      4,700.00 25%      1,175.00
April Sales revenue collected in April      5,500.00 75%      4,125.00
April Sales revenue collected in May      5,500.00 25%        1,375.00
May Sales revenue collected in May      6,300.00 75%        4,725.00
May Sales revenue collected in June      6,300.00 25%      1,575.00
June Sales revenue collected in June      7,100.00 75%      5,325.00
Expected Cash Collections 13,060.00     13,084.00 15,145.00
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