January = 20,000 units
February= 22,000 units
March= 26,000 units
Answer the following questions:
1. What amount of purchases of inventory (at cost) will be required in February?
2. What will total collections be in February?
3. What will Accounts Receivable be at the end of February?
4. What will the cash payment for selling and administrative expenses be in February including fixed and variable cash expenses?
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