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0 nts Benton Company's sales budget shows the following expected total sales: Month January February March Sales $ 23,000 $27,000 $ 32,000 02:44:47 April $
0 nts Benton Company's sales budget shows the following expected total sales: Month January February March Sales $ 23,000 $27,000 $ 32,000 02:44:47 April $ 43,000 The company expects 80% of its sales to be on account (credit sales). Credit sales are collected as follows: 25% in the month of sale and 69% in the month following the sale, with the remainder being uncollectible and written off. The total cash receipts during April would be: Multiple Choice: $22.575 $23.200 $25.005
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