Avril Company makes collections on sales according to the following schedule: 30% in the month of sale 60% in the month following sale
8% in the second month following sale The following sales are expected:

What should be the budgeted cash collections in March?

Question

Avril Company makes collections on sales according to the following schedule: 30% in the month of sale 60% in the month following sale
8% in the second month following sale The following sales are expected:

What should be the budgeted cash collections in March?

Quizplus · Accepted Answer

The Answer of Avril Company makes collections on sales according to the following schedule: 30% in the month of sale 60% in the month following sale
8% in the second month following sale The following sales are expected:

What should be the budgeted cash collections in March?

Avril Company Makes Collections on Sales According to the Following