Problem 1: Cash collection schedule ZMart Inc. estimates that 20% of its monthly...

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Accounting

Problem 1: Cash collection schedule
ZMart Inc. estimates that 20% of its monthly sales are to cash customers, while the remaining sales are to credit customers.
Of the credit customers, 30% pay their accounts in the month of sale, while the remaining 70% pay their accounts in the month following the month of sale.
Projected sales for the next three months are as follows:
\table[[Total sales,October,November,December],[Total sales,$150,000,$180,000,$210,000
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