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forecast of sales

/in /by

Question

Here is a forecast of sales by National Bromide for the first 4 months of 2015 (figures in thousands of

dollars):

Month: 1 2  3  4
  Cash sales 31  40  34  30 
  Credit sales 180  200  170  150 
On average, 50% of credit sales are paid for in the current month, 30% in the next month, and the remainder in the month after that. What are the expected cash collections in months 3 and 4? (Enter your answers in whole dollars.)
 
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