Analyze nestle csr initiative plan focuses on society issues
This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
Find cash receipts for each month of first quarter
Assignment Instructions
Assignment ID: FG132741227
The Penny Worth Antique Mall budgeted credit sales in the first quarter of 2018 to be as follows:
January $141,000
February 150,000
March 160,000
Credit sales in December 2017 are expected to be $194,000. The company expects to collect 95 percent of a month’s sales in the month of sale and 5 percent in the following month.
Problem 1: Estimate cash receipts for each month of the first quarter of 2018.
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