Worton Distributing expects its September sales to be 20% higher than its August sales of...
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Worton Distributing expects its September sales to be 20% higher than its August sales of $167000. Purchases were $117.000 in August and are expected to be $37.000 in September Al sales en credit and we expected to be collected as follows 30% in the month of the sale and 70% in the following month Purchases are paid 25% in the month of purchase and 75% in the following month The cash balance on September $27.000. The ending cash balance on September 30 is estimated to be M e Choice 56020. O S60 575789 582020 S109020
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