Homework Answers
| January Sales Collected in January | $160,320 | (80%*200400) | |||||
| February Sales Collected in February | $202,960 | (80%*253700) | |||||
| March Sales Collected in March | $231,760 | (80%*289700) | |||||
| January Sales Collected in February | $40,080 | (20%*200400) | |||||
| February Sales Collected in March | $50,740 | (20%*253700) | |||||
| Collection by month | |||||||
| Sales | Jan | Feb | March | Total | |||
| January | $200,400 | $160,320 | $40,080 | $200,400 | |||
| February | $253,700 | $202,960 | $50,740 | $253,700 | |||
| March | $289,700 | $231,760 | $231,760 | ||||
| TOTAL COLLECTIONS | $160,320 | $243,040 | $282,500 | $685,860 | |||
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Bruno Industries expects credit sales for January, February, and March to be $200,400, $253,700, and $289,700,...
Kaspar Industries expects credit sales for January, February, and March to be $210,900, $266,000, and $311,900,...
Kaspar Industries expects
credit sales for January, February, and March to be $210,900,
$266,000, and $311,900, respectively. It is expected that 75% of
the sales will be collected in the month of sale, and 25% will be
collected in the following month. Compute cash collections from
customers for each month.
Question 4 --/1 View Policies Current Attempt in Progress Kaspar Industries expects credit sales for January, February, and March to be $210,900, $266,000, and $311,900, respectively. It is expected that...
Concord Industries expects credit sales for January, February, and March to be $205,200, $266,800, and $316,800,...
Concord Industries expects credit sales for January, February, and March to be $205,200, $266,800, and $316,800, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Collections from Customers Credit Sales January February March January February March
Please solve. Ivanhoe Industries expects credit sales for January, February, and March to be $208,000, $261,900,...
Please solve.
Ivanhoe Industries expects credit sales for January, February, and March to be $208,000, $261,900, and $316,500, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Collections from Customers January February March Credit Sales January February March
Kaspar Industries expects credit sales for January, February, and March to be $205,300, $270,000, and $320,600,...
Kaspar Industries expects credit sales for January, February, and March to be $205,300, $270,000, and $320,600, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Collections from Customers Credit Sales January February March January $enter a dollar amount $enter a dollar amount $enter a dollar amount February enter a dollar amount enter a dollar amount...
Question 4 --/1 View Policies Current Attempt in Progress Kaspar Industries expects credit sales for January, February,...
Question 4 --/1 View Policies Current Attempt in Progress Kaspar Industries expects credit sales for January, February, and March to be $205,300, $270,000, and $320,600, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Collections from Customers Credit Sales January February March January February March
Brief Exercise 22-09 Kaspar Industries expects credit sales for January, February, and March to be $209,000,...
Brief Exercise 22-09
Kaspar Industries expects credit sales for January, February,
and March to be $209,000, $269,700, and $314,200, respectively. It
is expected that 75% of the sales will be collected in the month of
sale, and 25% will be collected in the following month.
Compute cash collections from customers for each month.
Collections from Customers
Credit Sales
January
February
March
January
$enter a dollar amount
$enter a dollar amount
$enter a dollar amount
February
enter a dollar amount
enter...
Yandell expects total sales of $360,000 in January and $410,000 in February. Assume that Yandell's sales...
Yandell expects total sales of $360,000 in January and $410,000 in February. Assume that Yandell's sales are collected as follows: (Click the icon to view the collections.) November sales totaled S290,000, and December sales were $340,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. (If a box is not used in the table leave the box empty: do not enter a zero.) Cash Receipts from Customers January February a More...
Berry expects total sales of $359,000 in January and $405,000 in February. Assume that Berry's sales...
Berry expects total sales of $359,000 in January and $405,000 in February. Assume that Berry's sales are collected as follows: (Click the icon to view the collections.) November sales totaled $350,000, and December sales were $325,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. (If a box is not used in the table leave the box empty, do not enter a zero.) Cash Receipts from Customers January February Total sales...
Yogi expects total sales of $362,000 in January and $394,000 in February. Yogi has the following...
Yogi expects total sales of $362,000 in January and $394,000 in February. Yogi has the following schedule of cash receipts: (Click on the icon to view the schedule of cash receipts.) Now assume that Yogi's sales are collected as follows: (Click on the icon to view new cash receipts assumptions.) November sales totaled $350,000, and December sales were $340,000. Prepare a revised schedule of cash receipts for January and February. Round answers to the nearest dollar. (If a box is...
Victors expects total sales of $699,000 for January and $348,000 for February. November sales totaled $388,000...
Victors expects total sales of $699,000 for January and $348,000 for February. November sales totaled $388,000 and December sales were $402,000. Now assume that Victors's sales are collected as follows: 60% in the month of the sale The following schedule of cash receipts for January and February was prepared based upon the collection history given: A (Click the icon to view the collection history.) 20% in the month after the sale 16% two months after the sale E (Click the...
Kaspar Industries expects
credit sales for January, February, and March to be $210,900,
$266,000, and $311,900, respectively. It is expected that 75% of
the sales will be collected in the month of sale, and 25% will be
collected in the following month. Compute cash collections from
customers for each month.
Question 4 --/1 View Policies Current Attempt in Progress Kaspar Industries expects credit sales for January, February, and March to be $210,900, $266,000, and $311,900, respectively. It is expected that...
Concord Industries expects credit sales for January, February, and March to be $205,200, $266,800, and $316,800, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Collections from Customers Credit Sales January February March January February March
Please solve.
Ivanhoe Industries expects credit sales for January, February, and March to be $208,000, $261,900, and $316,500, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Collections from Customers January February March Credit Sales January February March
Question 4 --/1 View Policies Current Attempt in Progress Kaspar Industries expects credit sales for January, February, and March to be $205,300, $270,000, and $320,600, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Collections from Customers Credit Sales January February March January February March
Brief Exercise 22-09
Kaspar Industries expects credit sales for January, February,
and March to be $209,000, $269,700, and $314,200, respectively. It
is expected that 75% of the sales will be collected in the month of
sale, and 25% will be collected in the following month.
Compute cash collections from customers for each month.
Collections from Customers
Credit Sales
January
February
March
January
$enter a dollar amount
$enter a dollar amount
$enter a dollar amount
February
enter a dollar amount
enter...
Yandell expects total sales of $360,000 in January and $410,000 in February. Assume that Yandell's sales are collected as follows: (Click the icon to view the collections.) November sales totaled S290,000, and December sales were $340,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. (If a box is not used in the table leave the box empty: do not enter a zero.) Cash Receipts from Customers January February a More...
Berry expects total sales of $359,000 in January and $405,000 in February. Assume that Berry's sales are collected as follows: (Click the icon to view the collections.) November sales totaled $350,000, and December sales were $325,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. (If a box is not used in the table leave the box empty, do not enter a zero.) Cash Receipts from Customers January February Total sales...
Yogi expects total sales of $362,000 in January and $394,000 in February. Yogi has the following schedule of cash receipts: (Click on the icon to view the schedule of cash receipts.) Now assume that Yogi's sales are collected as follows: (Click on the icon to view new cash receipts assumptions.) November sales totaled $350,000, and December sales were $340,000. Prepare a revised schedule of cash receipts for January and February. Round answers to the nearest dollar. (If a box is...
Victors expects total sales of $699,000 for January and $348,000 for February. November sales totaled $388,000 and December sales were $402,000. Now assume that Victors's sales are collected as follows: 60% in the month of the sale The following schedule of cash receipts for January and February was prepared based upon the collection history given: A (Click the icon to view the collection history.) 20% in the month after the sale 16% two months after the sale E (Click the...
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