Business, 02.11.2019 06:31 makhaylabilbrey298
Assets cash $ 68,400 accounts receivable 35,600 inventory 67,300 buildings and equipment, net of depreciation 179,000 total assets $ 350,300 liabilities and stockholders’ equity accounts payable $ 155,600 common stock 70,000 retained earnings 124,700 total liabilities and stockholders’ equity $ 350,300 budgeted income statements april may june sales $ 191,000 $ 201,000 $ 221,000 cost of goods sold 114,600 120,600 132,600 gross margin 76,400 80,400 88,400 selling and administrative expenses 16,900 18,400 21,400 net operating income $ 59,500 $ 62,000 $ 67,0001. calculate the expected cash collections for april, may, and june.
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Assets cash $ 68,400 accounts receivable 35,600 inventory 67,300 buildings and equipment, net of dep...
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Computers and Technology, 20.11.2019 23:31
