Kessler Service anticipates the following sales revenue over a five month period: (Click the icon...
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Kessler Service anticipates the following sales revenue over a five month period: (Click the icon to view the sales data.) The company's sales are 30% cash and 70% credit. Its collection history indicates that credit sales are collected as follows: (Click the icon to view the collections data.) How much cash will be collected in January? In February? In March? For the quarter in total? Data Table Kessler Service Cash Collections Budget For the Months of January through March January S 4,560 Cash sales November December January March February S 13,200 Collection of credit sales: Sales revenue $ 16,500 $ 11.200 S 15.200 $ 14.400 2.660 25% Month of sale 50% Month after i More Info - X Print Done 4620 2016 20% Two months after 13856 Total cash collections 25% in the month of the sale Enter any number in the edit fields and then click Check Answe 50% in the month after the sale 20% two manths after the sale Activate Windows Go to Settings activas 2 parts 5% are never collected Final Check
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