Thirst Quencher sells plastic water bottles to outdoor enthusiasts for $1.25 eac

Question

Thirst Quencher sells plastic water bottles to outdoor enthusiasts for $1.25 each. The company's marketing manager prepared the following sales forecast (in units) for the first half of 2009: Historically, the cash collection of sales has been as follows: 55 percent of sales collected in month of sale, 35 percent of sales collected in month following sale, and 9 percent of sales collected in second month following sale. The remaining 1 percent is never collected because customers do not pay. Required If required, round answers to the nearest cent. Prepare a cash receipts budget for each month of the second quarter (April, May, and June). Sales April May June February $ March $ April $ May June Total $ $ $

Explanation / Answer

Sorry dear, but there are no details of the sales data. Please rate this as lifesaver & re-post the question with all the details. Thank u in advance. God bless u:)

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