1. Pharmaly-maly Company has a collection schedule of 60% during the month of sales, 15% the following month, and 15% subsequently. The total credit sales in the current month of September were P80,000 and total collections in September were P57,000. Determine the credit sales in July?
1. Pharmaly-maly Company has a collection schedule of 60% during the month of sales, 15% the following month, and 15% subsequently. The total credit sales in the current month of September were P80,000 and total collections in September were P57,000. Determine the credit sales in July?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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![1. Pharmaly-maly Company has a collection schedule of 60%
during the month of sales, 15% the following month, and
15% subsequently. The total credit sales in the current
month of September were P80,000 and total collections in
September were P57,000. Determine the credit sales in July?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5e8d3729-09a0-41b1-8654-e9cf3fed2dd5%2F70d11853-0267-4fc2-b91f-8806a1156942%2F9n1hupg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1. Pharmaly-maly Company has a collection schedule of 60%
during the month of sales, 15% the following month, and
15% subsequently. The total credit sales in the current
month of September were P80,000 and total collections in
September were P57,000. Determine the credit sales in July?
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