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Author Question: The Blatz Brewing Company produces 25 million hectolitres of beer each year. To put this in ... (Read 53 times)

colton

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The Blatz Brewing Company produces 25 million hectolitres of beer each year. To put this in perspective, California consumed that much beer last year. A sales forecast for Blatz is provided in the top row of the table. Blatz sells its beer at a wholesale price of US$85 per hectoliter. All sales are on account and 75% of receivables are collected after 1 month, while 25% are collected after 2 months. What are Blatz' cash collections in March?

Sales and Cash Inflow Forecast
Blatz Brewing Company
JanuaryFebruaryMarch
Sales Forecast - millions of hectoliters111.5
Sales Forecast - millions of dollars$85 $85 $128 
Collections from last month
Collections from 2 months ago
Total Cash Inflows 

◦ $21
◦ $26
◦ $64
◦ $73
◦ $85


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Marked as best answer by colton on Apr 25, 2021

Cheesycrackers

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colton

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


sailorcrescent

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Reply 3 on: Yesterday
Excellent

 

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