The Lumber Yard has projected the sales below for the next four months. The company...
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The Lumber Yard has projected the sales below for the next four months. The company collects 28 percent of its sales in the month of sale. 53 percent in the month following the month of sale, 16 percent two months after the month of sale, and never collects 3 percent of its sales How much will the company collect in April? Sales January $139,250 February $145,525 March $151,975 April $167,350 5150,689 Oo oo $154,856 O $154,533 $154,533
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