A company is formulating its plans for the coming year,including the preparation of its cash budget.Historically,the company's sales are 30% cash.The remaining sales are on credit with the following collection pattern: Sales for the first 5 months of the coming year are forecast as follows: For the month of April,the total cash receipts from sales and collections on account would be: (CIA adapted)

Question

A company is formulating its plans for the coming year,including the preparation of its cash budget.Historically,the company's sales are 30% cash.The remaining sales are on credit with the following collection pattern:  Sales for the first 5 months of the coming year are forecast as follows:  For the month of April,the total cash receipts from sales and collections on account would be: (CIA adapted)

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The Answer of A company is formulating its plans for the coming year,including the preparation of its cash budget.Historically,the company's sales are 30% cash.The remaining sales are on credit with the following collection pattern:  Sales for the first 5 months of the coming year are forecast as follows:  For the month of April,the total cash receipts from sales and collections on account would be: (CIA adapted)

A Company Is Formulating Its Plans for the Coming Year,including