OfficeMart Inc. Schedule of Cash Collections from Sales For the Three Months Ending December 31 October November December Receipts from cash sales: Cash sales 28,250 v 35,250 51,750 V September sales on account: Collected in October 76,000 October sales on account: Collected in October 21,187.5 x Collected in November 63,562.5 x November sales on account: Collected in November 26,437.5 x Collected in December 79,312.5 X December sales on account: Collected in December 38,812.5 x Total cash receipts 125,437.5 x 125,250 169,875

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Q: what are the cash receipts from sales in February?

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A: Ratio Analysis -The ratio is the technique used by the prospective investor or an individual or…

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Conversion Cycle

Conversion cycle is also known as cash cycle or net operating cycle. Conversion cycle refers to how much time a company takes to turn its investments which is done from stock or any other financial resources into cash flows from sales.