I had to scroll down for the other parts to the question. Sales receipts. Nation

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I had to scroll down for the other parts to the question.

Sales receipts. National Beverage Company anticipates the following first-q It posted the following sales figures for the last quarter of 2014: $1,900,000 (October), $2,050,000 (November), and $2.200,000 (December). The company sells 40% of its products on credit; 60% are cash sales. The company collects credit sales as follows: 30% in the following month, 50% two months later and 18% % defaults. What are the anticipated cash inflows for the first quarter of 2015? three months later, with 2 Of the $1,900,000 October sales, The amount collected in October is $1 . (Round to the nearest dollar) The amount collected in November is S (Round to the nearest dollar) The amount collected in December is (Round to the nearest dolla.) The amount collected in January is SD (Round to the nearest dollar) The amount not collected is (Round to the nearest dollar) Of the $2,050,000 November sales The amount collected in November is S (Round to the nearest dollar) The amount collected in December is s. (Round to the nearest dollar) The amount colected in January is S. (Round to the nearest dollar ) Enter your answer in each of the answer boxes.

Explanation / Answer

W.note

Particulars October November December January February March Collections in Oct           1,140,000 Collections in Nov               228,000 $1,230,000.00 Collections in Dec               380,000 $246,000.00 $1,320,000.00 Collections in Jan $136,800.00 $410,000.00 $264,000.00 $1,080,000.00 Collections in Feb $147,600.00 $440,000.00 $216,000.00 $960,000.00 Collections in March $158,400.00 $360,000.00 $192,000.00 $1,260,000.00 Collections in April $129,600.00 $320,000.00 $252,000.00 Collections in May $115,200.00 $151,200.00 Collections in June $151,200.00 Not Collected $15,200.00 $16,400.00 $17,600.00 $14,400.00 $12,800.00 $16,800.00

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