Pleae help Accounting homework?

Posted on 2014-04-11 12:21:00 in Accounting by MSHAE1996

The Otter Company budgeted sales for Jan., Feb and March of 76,000, 68,000 and 52,000, respectively. 70% of sales are on credit. The company collects 60% of its credit sales in the month following sale, 35% in the second month following sale, and 5% is not collected. What are Otters expected cash receipts for March?

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