Here is a forecast of sales by National Bromide for the firs…
Here is a forecast of sales by National Bromide for the first 4 months of 2017 (igures in thousands of dollars: Month: Cash sales Credit sales 33 42 36 32 190 210 180 160 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 not in thousands of dolilers.) Expected Cash Collections Month 3 Month 4
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