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Business, 28.12.2020 17:40 ummsumaiyah3583

All sales are on credit and are expected to be collected 45% in the month of sale and 55% in the month following sale. The total amount of cash expected to be received from customers in November is:

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Answer from: tynasiaparks13

$143,600

Explanation:

Calculation for The total amount of cash expected to be received from customers in November

Junior Snacks

October credit sales collected $77,000

(55% *$140,000)

Add November credit salescollected $66,600

(45% * $148,000)

Total Cash collected in November$143,600

($77,000+$66,600)

Therefore the total amount of cash expected to be received from customers in November is: $143,600

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Answer from: Quest
Wite quickly without over thinking .
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Answer from: Quest

answer; consideration;

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