Wexler Company expects sales of $40,000 in July, $50,000 in August, and $30,000 in September. Wexler's experience is that 40% of sales are cash, and the remainder is on account. Accounts receivable are paid: 70% in the month of sale, and 25% in the following month.

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The Answer of Wexler Company expects sales of $40,000 in July, $50,000 in August, and $30,000 in September. Wexler's experience is that 40% of sales are cash, and the remainder is on account. Accounts receivable are paid: 70% in the month of sale, and 25% in the following month.

Wexler Company Expects Sales of $40,000 in July, $50,000 in August