What is the anticipated cash inflow for the month of march, Accounting Basics

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What is the anticipated cash inflow for the month of march

The following credit sales are budgeted by Gonzalez Company:

January
$34,000
February
50,000
March
70,000

The company's past experience indicates that 80% of the accounts receivable are collected in the month of sale, 20% in the month following the sale. what is the anticipated cash inflow for the month of March ?

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Accounting Basics: What is the anticipated cash inflow for the month of march

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Accounting Basics: What is the anticipated cash inflow for the month of march

Reference No:- TGS098678

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Recent Questions Asked Accounting Basics

Q : Presentations using visual aids

Q : Create a program that allows the user to enter a negative

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Q : Is it reasonable to assume-weight is normally distributed

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Ask an Expert for Answer!!

Accounting Basics: What is the anticipated cash inflow for the month of march

Reference No:- TGS098678

Recent Questions Asked Accounting Basics

Q : Presentations using visual aids

Q : Create a program that allows the user to enter a negative

Q : Example of an enduring consumer action group

Q : Is it reasonable to assume-weight is normally distributed

Q : What is the anticipated cash inflow for the month of march

Q : Write a program that computes ex using

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Q : Cultural diversity considerations for the company

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