Finance Assignment | Professional Writing

The Lumber Yard has projected the sales below for the next four months. The company collects 35 percent of its sales in the month of sale, 45 percent in the month following the month of sale, 19 percent two months after the month of sale, and never collects 1 percent of its sales. How much will the company collect in April?.

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January,February,March,AprilSales $135,800 $142,650 $151,850 $163,900

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