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116 In recent years recent years , Sands Retro Clothing has collected 45% of its sales in the month of the sale , 53
116 In recent years " recent years , Sands Retro Clothing has collected 45% of its sales in the month of the sale , 53 % the month that follows the sale . The other 2% is not collected . During the first five months of 2014 , Sands is anticipating sales of $330 000 , $415 000 , $540 010 , $260 000 , and $370 000 respectively . What is the amount of cash receipts budgeted for March A $472 950 $380 800 M $473. 750 D $462 950
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