Freemore Company has the following sales budget for the last six months of 2018:

Sales are immediately due,however the cash collection of sales,historically,has been as follows:

Cash collections for October are ________.

Question

Freemore Company has the following sales budget for the last six months of 2018:

Sales are immediately due,however the cash collection of sales,historically,has been as follows:

Cash collections for October are ________.

Quizplus · Accepted Answer

October sales ($187,000 × 0.55)+ September sales ($205,000 × 0.35)+ August sales ($168,000 × 0.07)= $186,360

Freemore Company Has the Following Sales Budget for the Last