Business, 26.11.2019 00:31, sanfordl

Ruiz co.’s budget includes the following credit sales for the current year: september, $157,000; october, $148,000; november, $132,000; december, $169,000. credit sales are collected as follows: 20% in the month of sale, 50% in the first month after sale, and 30% in the second month after sale. how much cash can the company expect to collect in december as a result of current and past credit sales?

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Ruiz co.’s budget includes the following credit sales for the current year: september, $157,000; o...